622 Union

Allentown City, PA 18109
Square Ft.
18,219
$3,400,000
IDEAL FOR COMMERCIAL INVESTORS--Add this completely updated, two story building to your portfolio. Over 90% leased on multi-year NNN leases. The front half of the building consists of a retail space and a medical suite on the ground floor and two separated office areas on the upper floor, with sharedRead MoreRead Less
Courtesy of Howard Hanna TheFrederickGroup 610-398-0411
Listing Snapshot
Days Online
20
Last Updated
Property Type
Commercial
Square Ft.
18,219
Lot Size
1 Acres
Year Built
1987
MLS Number
780095
30 Days Snapshot Of 18109
$277k
-3%
(avg) sold price
12
0%
homes sold
52
-24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1987, 2 stories, 2 stories total, Living area: 18219, Year built details: New Construction, 6 total units, SteelSiding
Cooling
CentralAir
Expenses
Gardener expense: $10,750, Insurance expense: $17,504, Maintenance tenance expense: $3,900, Operating expense: $10,000, Professional management expense: 0, Water sewer expense: $834
Water Features
Water source: Public
Heating
Gas
Income
Gross income: $288,000, Net operating income: $278,000
Lot
1.001 size acres, 43,603 size sqft, Size area: 43603, Size units: SquareFeet
Parking
Total: 45, ParkingLot
Property
Property subtype additional: Commercial, Property subtype: Commercial, Property type: ResidentialIncome, Zoning: B-3, NewConstruction
Sewer
PublicSewer
Taxes
Tax annual amount: $45,094, Tax assessed value: 1224600
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Eric Leadbetter
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