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42 N 10Th Street

Allentown City, PA 18101
  • $1,600,000
  • STATUS: Available
  • ON SITE: 107 Days
  • MLS #: 680971
UPDATED: 37 min ago
$1,600,000
  • 29
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 3
    1/2 BATHS
  • 10,946
    SQFT
  • $146
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Cash flowing 29 unit investment property for sale! Fully occupied 26 room hotel style boarding house, 2 apartment units ready for rehab and a ground floor retail space that is currently leased to a restaurant group. Hotel Liquor License is included in the sale. All rooms have electric baseboard. There are 4 common area restrooms. All rooms have key pad access. Landlord pays all utilities. Building will be sold with a clear CO. Located just blocks from the rebirth of downtown Allentown, PA and Hamilton street corridor which includes PPL Event Center, Allentown Symphony Hall, Allentown Art Museum, retail, restaurants and so much more.

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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 2022-01-18T18:12:56.593.
www.smartwayamerica.com/homes/122044772
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42 N 10Th Street Allentown City, PA 18101

  • Price: $1,600,000
  • Status: Available
  • On Site: 107 Days
  • Updated: 37 min ago
  • MLS #: 680971
29
Beds
4
Baths
3
½ Baths
0.15
Acres
10,946
SQFT
$146
$/SQFT
1900
Built
Neighborhood:
Not In Development
County:
Lehigh
Area:
Allentown-Central
School District:
Allentown
Property Description
Cash flowing 29 unit investment property for sale! Fully occupied 26 room hotel style boarding house, 2 apartment units ready for rehab and a ground floor retail space that is currently leased to a restaurant group. Hotel Liquor License is included in the sale. All rooms have electric baseboard. There are 4 common area restrooms. All rooms have key pad access. Landlord pays all utilities. Building will be sold with a clear CO. Located just blocks from the rebirth of downtown Allentown, PA and Hamilton street corridor which includes PPL Event Center, Allentown Symphony Hall, Allentown Art Museum, retail, restaurants and so much more.
Exterior Features

Construction Brick Parking Unpaved Lot Parking Spaces 8

Interior Features

Cooling No Air Heat Type BaseboardElectric

Property Features

Electric 8990 Gas 0 Gross Income 239228 Heat 0 Net Income 191345 Operating Expense 47883 Other Expenses 2950 Possible Financing CashConventional Property Sub Type Category CommercialMixed Use Sewer Public Special Conditions Not Applicable Total Taxes 10403.00 Water Public Water Sewer 1835 Year Built Exception Unknown Zoning Code B-2-Central Business

Listing provided courtesy of Steel City Realty.


© 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 2022-01-18T18:12:56.593.
 
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East Stroudsburg PA, 18301