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Added 2 months ago

$2,449,000

134 S 7 Th St, Allentown, PA

Condo

For Sale

Listed price in listed location currency (USD).
$2,449,000

Added 2 months ago

171412214 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 12214 sqft
Garage No
HOA Fees $6,000
Taxes $10,745
Days Active 57
Approx. Age 1900
Avg. Price Per Sqft $200
MLS® Number 729724

Property Address: 134 S 7 Th St, Allentown, Pennsylvania

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number729724
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Electric
A/CNone
Heating Fuel

Extras

134 S 7 Th St, Allentown, PA

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