Description
Exceptional turnkey mixed-use investment opportunity in the heart of Downtown Allentown! This fully renovated building features one highly visible commercial storefront on the main level and three completely modernized residential rental units above, creating multiple streams of income for investors. The residential portion includes one spacious 1-bedroom apartment and two beautifully updated 2-bedroom apartments, each featuring modern kitchens, remodeled bathrooms, luxury vinyl plank flooring, fresh finishes, and vinyl replacement windows. The street-level commercial space offers outstanding corner visibility with excellent exposure for retail, office, or service-based businesses. Originally built in 1885, the property has undergone a complete interior and exterior renovation while maintaining its timeless character. Offering over 4,000 square feet of gross building area with public water, public sewer, and natural gas, this property is ideally located near major highways, shopping, restaurants, and the continued revitalization of Downtown Allentown. Floor plans for each level are included in the listing documents for your convenience. Please inquire for additional information, financials, and rental details. This is an outstanding opportunity to own a fully updated, income-producing investment property with exceptional long-term potential
Details
| MLS # | PALH2016282 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1885 |
| Days On Site | 78 |
| Listing Provided By | Real of Pennsylvania | Heather Schierloh |
Features
| SQ Feet | 4,015 |
|---|---|
| Units | 3 |
| Zoning | R-MH |
Interior
| Cooling | Other |
|---|---|
| Heating Yes / No | Yes |
| Heating | Zoned |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 4869 |
|---|
Area Information
| State | PA |
|---|---|
| County | LEHIGH PA |
| City | ALLENTOWN |
| Zip Code | 18102 |
| Area | Allentown City (12302) |
| School District | ALLENTOWN |
| Listing VS Median (in 18102) | |
Price: $815,000 low | high Med: $362,000 sqft: 4,015 low | high Med: 1,842 $ / sqft: $203 low | high Med: $197 On site: 78 low | high Med: 4 | |
Market Activity 18102
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Learn More About This Property
| State | PA |
|---|---|
| County | LEHIGH PA |
| City | ALLENTOWN |
| Zip Code | 18102 |
| Area | Allentown City (12302) |
| School District | ALLENTOWN |
| Listing VS Median (in 18102) | |
Price: $815,000 low | high Med: $362,000 sqft: 4,015 low | high Med: 1,842 $ / sqft: $203 low | high Med: $197 On site: 78 low | high Med: 4 | |
