Active
Available
134 138 7th
Allentown City PA, 18101
$2,449,000
$200.51 per sqft
Active
Available
17 Beds
13 Baths
12,214 sqft
Condos
Built in 1900
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!
729724
MLSⓇ ID
December 20, 2023
Listed
December 31, 2024
Updated
Map
134 138 7th
Allentown City PA, 18101
Interior Features
Total Stories
3
Bedrooms
17
Total Bathrooms
13
Full Bathrooms
12
Half Bathrooms
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Sewer
Public Sewer
School Information
School District
Allentown
Other Property Details
Area Name
Allentown-Central
Taxes
$10,745
Tax Frequency
Annually
Garage
No
View
No
County
Lehigh
Water Source
Public
Pool
No
Zoning
B-2-Central Business
Courtesy of BHHS Regency Real Estate with Andrew A. Ginsburg, Kristine McCreary-Williams
Listing Contact:
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Data last updated 12/31/2024