Homes for sale - 134 138 7th, Allentown City, PA 18101

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Heather McFadden

heather.m@morganelliproperties.com +1(610) 360-1137

$ 2,449,000

Est. payment | -/mo

17 Beds

14 Baths

12,214 SqFt

Save

$ 2,449,000

Est. payment | -/mo

Save

17 Beds

14 Baths

12,214 SqFt

Key Details

Property Type Condo, Commercial

Sub Type Apartment Style,Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,214 sqft

Price per Sqft $200

Subdivision Not In Development

MLS Listing ID 729724

Bedrooms 17

Full Baths 12

Half Baths 2

Year Built 1900

Annual Tax Amount $10,745

Lot Size 6,379 Sqft

Property Description

Property sold with Clear CO!! Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 15 Units - 12 Residential Units and 3 commercial spaces. Because of its proximity to the new Downtown development this property is a great opportunity for a developer to demo/repurpose the building or renovate what’s existing and raise rents. All units have room to renovate and raise rents making it a great value add opportunity. All units have electric heat and hot water and electric ranges - all units have separate utilities. The property has frontage facing 7th Street and which is the main arteries into downtown Allentown. Located steps from the new downtown development which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. 134 - 138 N. 7th Street is an excellent long term value add opportunity in the most up and coming area in Allentown. This property is a must see!

Location

State PA

County Lehigh

Area Allentown-Central

Interior

Cooling No Air

Exterior

Parking Features None

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Allentown

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

Listed by BHHS Regency Real Estate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 360-1137

heather.m@morganelliproperties.com

1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA

134 138 7th Allentown City, PA 18101