Available

134 138 7th

Allentown City PA, 18101

$2,449,000


$200.51 per sqft

Available

17 Beds

13 Baths

12,214 sqft

Condo

Built in 1900

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!

729724

MLS ID

May 9, 2024

Updated

Map

134 138 7th
Allentown City PA, 18101

Interior Features

Total Stories

3


Bedrooms

17


Total Bathrooms

13


Full Bathrooms

12


Half Bathrooms

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Public Sewer

School Information

School District

Allentown

Other Property Details

Area Name

Allentown-Central


Taxes

$10,745


Tax Frequency

Annually


Garage

No


View

No


County

Lehigh


Water Source

Public


Pool

No


Zoning

B-2-Central Business

Courtesy of BHHS Regency Real Estate with Andrew A. Ginsburg, Kristine McCreary-Williams
Listing Contact:  

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Lehigh Valley Association of REALTORS®, Inc. Real Estate listings held by brokerage firms other than Shabana Pathan are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The information being provided is 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.

© 2024 Lehigh Valley Association of REALTORS®, Inc. All rights reserved.

Data last updated 5/9/2024

Powered byLuxury Presence