134 7th Allentown City, PA 18101
17 bed / 13 bath / 12,214 Sq. Ft. / 6,360 Sq. Ft., 0.146 acres lot size / Apartment
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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!
property details
Type
Apartment
Status
Active
County
Lehigh
Year Built
1900
Beds
17
Full Baths
12
Half Baths
2
Sq. Ft.
12,214
Lot Size
6,360 Sq. Ft.
Listing Id
729724
Courtesy Of
Andrew Ginsburg - BHHS Regency Real Estate +1 (610) 432-5252
List Office Phone
+1 (610) 432-5252
Subdivision
Not in Development
Interior Features
Living Area Units
Sq. Ft.
Full Baths
12
Half Baths
2
Bathrooms Total
13
Exterior Features
Stories
3
Utility & Building Info
Sewer
Public Sewer
Water Source
Public
Tax Amount
10745
Building Area Total
12,214 Sq. Ft.
Price Per Sq Ft
$201
Architectural Style
3+ Story
Price History
| date | event | price | source |
|---|---|---|---|
|
02/23/2024
02/23/2024
|
Active |
$2,449,000
|
LeHigh Valley MLS |
|
12/20/2023
12/20/2023
|
Active |
$2,495,000
|
LeHigh Valley MLS |
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Market Trends
Source: LiveBy
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