134 7th, Allentown, PA 18101 (MLS # 729724)

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PRICE $2,449,000 dsIDX morgage calculator
BEDS 17
BATHS 14
HOME SIZE 12,214 sqft
LOT SIZE 6,360 sqft

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!

DAYS ON MARKET 392 LAST UPDATED 2/23/2024
TRACT Not in Development YEAR BUILT 1900
COMMUNITY Allentown-Central COUNTY Lehigh
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Allentown

PRICE HISTORY
Prior to Feb 23, '24 $2,495,000
Feb 23, '24 - Today $2,449,000


ADDITIONAL DETAILS
AREA Allentown-Central
CONSTRUCTION Brick, Stucco, Vinyl Siding
LOT 6360 sq ft
LOT DIMENSIONS 57 x 112
SEWER Public Sewer
STORIES 3
SUBDIVISION Not in Development
TAXES 10745
WATER Public
ZONING B-2-Central Business
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with BHHS Regency Real Estate
BrightMLS

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Data last updated: 1/14/25 8:49 PM PST

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