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Key Details
Sold Price $790,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,482 sqft
Price per Sqft $144
Subdivision Not In Development
MLS Listing ID 719205
Sold Date 10/23/23
Bedrooms 3
Full Baths 2
Year Built 1900
Annual Tax Amount $10,056
Lot Size 4,574 Sqft
Property Description
Location! calling all investors to this investment opportunity available for sale in the revitalized downtown area. The City of Allentown zoning office has approved the development of (10) residentials apartments. (2) 2 bedroom/1 bath and (8) 1 bedroom/1 bath. Zoned B-2, developing more units is permitted creating endless opportunities. Currently, a mixed-use three (3) unit property features a ground-level retail space and two residential apartments. The building is located near all major developments within the (NIZ) Neighborhood Improvement Zone. Here's your chance to be part of downtown Allentown's revitalization.
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling Central AC, Window ACs
Exterior
Garage Paved Lot
Garage Spaces 3.0
Building
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Financing Cash,Conventional,Exchange
Special Listing Condition Not Applicable
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Bought with Keller Williams Real Estate