$500,000
$499,900
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3,975 SqFt
SOLD DATE : 09/06/2024
Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,975 sqft
Price per Sqft $125
MLS Listing ID PALH2009584
Sold Date 09/06/24
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $9,637
Tax Year 2022
Lot Size 5,182 Sqft
Acres 0.12
Lot Dimensions 48.43 x 107.00
Property Description
Attention Investors! Presenting a prime investment opportunity: a 6-unit detached brick building located on the east side of Allentown, just steps away from shopping, dining, a gym, and public transportation. This three-story building features two one-bedroom apartments and four two-bedroom apartments. Five units are currently occupied, with the sixth unit gutted and ready for customization. The landlord covers water, sewer, trash, and heat, while tenants pay for their own electricity. Key features include a freestanding corner brick building, fire escapes for safety, storage units for each apartment, and wide and spacious stairwells and hallways. Don’t miss out on this fantastic investment opportunity!
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning B-3
Interior
Hot Water Natural Gas
Heating Hot Water, Steam
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allentown
Others
Tax ID 641727420819-00001
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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