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$ 454,999
Est. payment | /mo
2,463 SqFt
$ 454,999
Est. payment | /mo
2,463 SqFt
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,463 sqft
Price per Sqft $184
Subdivision Not In Development
MLS Listing ID 784301
HOA Y/N No
Year Built 1890
Annual Tax Amount $2,821
Lot Size 1,785 Sqft
Acres 0.041
Property Sub-Type Apartment
Property Description
Mixed-use 3-unit property in the heart of Center City Allentown, offering strong income and future upside. The building includes a commercial space on the first floor and two 1-bedroom apartments on the upper levels. Two units occupied and currently generating approximately $2,950 per month, with potential to lease at full capacity to $4,150. Residential leases are short term, providing flexibility for rent adjustments or repositioning. Located along busy North 7th Street, the property offers excellent visibility and steady foot traffic, surrounded by restaurants, shops, and local businesses. HVAC in commercial unit, mini splits in second unit, all units metered separately. Just minutes from the PPL Center, Hamilton Street corridor, and major transportation routes. Seller is motivated—agents are encouraged to bring all offers.
Location
State PA
County Lehigh
Area Allentown-Central
Direction Head east on Allen street, make a right on 7th street and property is on the right.
Interior
Heating Baseboard
Cooling Central Air, Wall Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Allentown
Others
Senior Community No
Tax ID 549793901854-1
Special Listing Condition None
Listed by I-Do Real Estate
Nearby Locations
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