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    134--138 N 7th Street

    Allentown City, PA 18101
    • $1,400,000
    • STATUS: Available
    • ON SITE: 346 days
    • MLS #: 626114
    UPDATED: 64 min ago
    $1,400,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,214
      SQFT
    • $115
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    MIXED USE/MULTI UNIT Investment next to PPL Center complete with THIRTEEN Residential and THREE Commercial Units. Currently cash flowing with the potential to bring a 10% CAP Rate and over 16% Cash on Cash Return. Located in the Neighborhood Opportunity Zone (NIZ) this property has lots to offer. Property is on two different tax parcels but being sold together only. Seller will provide a clear CO from the City of Allentown but property is being sold in "as is" condition and any inspections will be for buyers information only.

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    © 2020 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 Keller Williams Real Estate. Data last updated 2020-09-25T17:12:59.867.
    www.poconoshousehunting.com/homes/99934928
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    134--138 N 7th Street Allentown City, PA 18101

    • Price: $1,400,000
    • Status: Available
    • Updated: 64 min ago
    • MLS #: 626114
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    12,214
    SQFT
    $115
    $/SQFT
    1900
    Built
    Neighborhood:
    Allentown-Central
    County:
    Lehigh
    Area:
    Allentown-Central
    School District:
    Allentown
    Property Description
    MIXED USE/MULTI UNIT Investment next to PPL Center complete with THIRTEEN Residential and THREE Commercial Units. Currently cash flowing with the potential to bring a 10% CAP Rate and over 16% Cash on Cash Return. Located in the Neighborhood Opportunity Zone (NIZ) this property has lots to offer. Property is on two different tax parcels but being sold together only. Seller will provide a clear CO from the City of Allentown but property is being sold in "as is" condition and any inspections will be for buyers information only.
    Exterior Features

    Construction Brick Parking Spaces 0 Surface Type None

    Interior Features

    Cooling None Heat Type Electric

    Property Features

    Cross Street Address Linden Gross Income 147755 Lot Size Source Tax Records Net Income 135500 Possible Financing CashConventional Potential Use Convenience StoreFast FoodGift ShopOfficeResidenceRestaurantRetail Property Sub Type Category Commercial Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 8854.67 Water Public Zoning Code B-2

    Listing provided courtesy of Slatehouse Realty.


    © 2020 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 Keller Williams Real Estate. Data last updated 2020-09-25T17:12:59.867.
     
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    Keller Williams Real Estate
    705 Glen Lane
    Sciota PA, 18354