1140 W Hamilton ST, Allentown City, PA 18101
1140 W Hamilton ST, Allentown City, PA 18101
1140 W Hamilton ST, Allentown City, PA 18101
1140 W Hamilton ST, Allentown City, PA 18101
1140 W Hamilton ST, Allentown City, PA 18101
1140 W Hamilton ST, Allentown City, PA 18101
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Heather McFadden

Heather McFadden

+1(610) 360-1137
$ 250,000
Est. payment | /mo
Save
$ 250,000
Est. payment | /mo
Save

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Not In Development

MLS Listing ID 771339

Construction Status Unknown

HOA Y/N No

Year Built 1895

Property Sub-Type Apartment

Property Description

Prime redevelopment opportunity in the heart of Downtown Allentown. Located at 1140 W. Hamilton Street, this mixed-use property sits in the middle of the city's revitalized downtown corridor, just steps from restaurants, entertainment, offices, and the Allentown Public Library, with convenient access to the PPL Center and surrounding attractions. Prior to sustaining fire damage in 2024, this 3-unit brick building was fully occupied, consisting of one 1 bedroom residential unit, one 2-bedroom residential unit, and one ground-floor commercial space. The property is now positioned for a full rebuild or redevelopment and offers potential to convert the ground-floor commercial space into a residential unit or multiple residential units, subject to zoning, planning, and City approvals (buyer to verify). An escrow balance of $92,360 from fire insurance proceeds is currently held by the City of Allentown pursuant to the Pennsylvania Fire Escrow Act and will transfer with the property to the new owner, subject to City requirements. Funds are intended to be applied toward qualifying repair, removal, or securing costs, with release subject to City approval and completion of required work. Documentation on file. Ideal for experienced investors or builders seeking a mixed-use project near Allentown's entertainment, dining, and business core. Cash only. Property being sold as-is.

Location

State PA

County Lehigh

Area Allentown-Central

Direction Follow 12th Street to Hamilton Street and make a left. Property is on your right.

Interior

Heating Baseboard, Electric

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Water Access Desc Public

Total Parking Spaces 2

Building

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Allentown

Others

Senior Community No

Tax ID 549689423977 1

Special Listing Condition None

Listed by Realty One Group Supreme

Nearby Locations

Heather McFadden

"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

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1140 W Hamilton ST