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134 7Th Street

Allentown City, PA 18101
  • $899,900
  • STATUS: Available
  • ON SITE: 29 Days
  • MLS #: 700703
UPDATED: 69 min ago
$899,900
  • 9
    BEDS
  • 0.1
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 6,434
    SQFT
  • $140
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 7 Units - 5 Residential Units and 2 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 whats 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. Can be sold with 138 N. 7th Street this property is an excellent long term value add opportunity in the most up and coming area in Allentown.

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© 2022 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 2022-10-01T12:12:59.567.
www.smartwayamerica.com/homes/132652785
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134 7Th Street Allentown City, PA 18101

  • Price: $899,900
  • Status: Available
  • On Site: 29 Days
  • Updated: 69 min ago
  • MLS #: 700703
9
Beds
5
Baths
1
½ Baths
0.1
Acres
6,434
SQFT
$140
$/SQFT
1900
Built
Neighborhood:
Not In Development
County:
Lehigh
Area:
Allentown-Central
School District:
Allentown
Property Description
Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 7 Units - 5 Residential Units and 2 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 whats 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. Can be sold with 138 N. 7th Street this property is an excellent long term value add opportunity in the most up and coming area in Allentown.
Exterior Features

Construction BrickStuccoVinyl Lot Dimensions 40 X 112 Parking None Parking Spaces 0

Interior Features

Baths Semi Modern Cooling No Air Heat Type Electric

Property Features

Electric 0 Gas 0 Gross Income 0 Heat 0 Lot Size Source Tax Records Net Income 0 Operating Expense 0 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Apartment StyleCommercial Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 5388.07 Water Public Water Sewer 0 Zoning Code B-2-Central Business

Listing provided courtesy of Bhhs Regency Real Estate: .


© 2022 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 2022-10-01T12:12:59.567.
 
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528 Seven Bridge Rd. Suite 107
East Stroudsburg PA, 18301