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1125 W Hamilton Street

Allentown City, PA 18101
  • $750,000
  • STATUS: Available
  • ON SITE: 117 Days
  • MLS #: 703005
$750,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
  • 9,712
    SQFT
  • $77
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

MIXED USE INVESTMENT PROPERTY - 6 Units: 2 Commercial spaces on the 1st floor & 4 apartments (2nd & 3rd flr's). 1125 W. Hamilton St, 1st flr commercial space (1,800 SF) is currently getting ready to rent @ $1,500/mo. Property is a 6% CAP RATE when the 1,800 SF space at 1125 W. Hamilton is rented. There is an additional 1,100 SF commercial space (currently vacant), rear of Boost Mobile, that was occupied by the property owner's business. Owner is now retired. With this additional 1,100 SF leased @ $10/SF, the potential CAP RATE increases to 7.43%. There is off-street parking for 10 vehicles at rear of building. Financial information also posted or call Listing Agent.

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© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2023-02-08T00:12:56.187.
www.smartwayamerica.com/homes/133925421
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1125 W Hamilton Street Allentown City, PA 18101

  • Price: $750,000
  • Status: Available
  • On Site: 117 Days
  • MLS #: 703005
8
Beds
5
Baths
2
½ Baths
0.19
Acres
9,712
SQFT
$77
$/SQFT
1900
Built
Neighborhood:
Not In Development
County:
Lehigh
Area:
Allentown-Central
School District:
Allentown
Property Description
MIXED USE INVESTMENT PROPERTY - 6 Units: 2 Commercial spaces on the 1st floor & 4 apartments (2nd & 3rd flr's). 1125 W. Hamilton St, 1st flr commercial space (1,800 SF) is currently getting ready to rent @ $1,500/mo. Property is a 6% CAP RATE when the 1,800 SF space at 1125 W. Hamilton is rented. There is an additional 1,100 SF commercial space (currently vacant), rear of Boost Mobile, that was occupied by the property owner's business. Owner is now retired. With this additional 1,100 SF leased @ $10/SF, the potential CAP RATE increases to 7.43%. There is off-street parking for 10 vehicles at rear of building. Financial information also posted or call Listing Agent.
Exterior Features

Construction BrickStuccoVinyl Lot Dimensions 40 X 205 Parking Off Site Parking Spaces 10

Interior Features

Baths Semi Modern Cooling Central AcNo Air Features Fire Escape Heat Type GasHot WaterOil

Property Features

Cross Street Address 12th Street Electric 1401 Gas 1716 Gross Income 73200 Heat 3540 Lot Size Source Tax Records Net Income 44753 Operating Expense 11302 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category CommercialMixed Use Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 10400.00 Water Public Water Sewer 2011 Zoning Code B2 Central Business

Listing provided courtesy of Coldwell Banker Heritage R E: .


© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2023-02-08T00:12:56.187.
 
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