520 N 7TH

Allentown City, PA 18102
$454,999
Mixed-use 3-unit property in the heart of Center City Allentown, offering strong income and future upside. The building includes a commercial space on the first floor and two 1-bedroom apartments on the upper levels. Fully occupied and currently generating approximately $3,750 per month, with potential to increase to $4,200+ asRead MoreRead Less
Courtesy of I-Do Real Estate 484-951-1655
Listing Snapshot
Days Online
43
Last Updated
Property Type
Apartment
Year Built
1890
MLS Number
775910
30 Days Snapshot Of 18102
$236k
+3%
(avg) sold price
20
-39%
homes sold
58
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1890, Year built details: Unknown, 3 total units, Brick
Cooling
CentralAir, WallUnits
Expenses
Insurance expense: $2,000, Maintenance tenance expense: $1,000, Operating expense: $2,500, Professional management expense: 0
Water Features
Water source: Public
Heating
ForcedAir, Gas
Income
Gross income: $45,000, Net operating income: $36,500
Parking
OnStreet
Property
Property subtype additional: Apartment, Property subtype: Apartment, Property type: ResidentialIncome, Zoning: B1/R, Unknown
Sewer
PublicSewer
Taxes
Tax assessed value: 87400
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Eric Leadbetter
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