520 7th ST, Allentown City, PA 18102
520 7th ST, Allentown City, PA 18102
520 7th ST, Allentown City, PA 18102
520 7th ST, Allentown City, PA 18102
520 7th ST, Allentown City, PA 18102
520 7th ST, Allentown City, PA 18102
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Heather McFadden

Heather McFadden

+1(610) 360-1137
$ 454,999
Est. payment | /mo

2,463 SqFt

Save
$ 454,999
Est. payment | /mo
Save

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

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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520 7th ST