Excellent fully occupied mixed-use investment opportunity in the heart of Allentown! This income-producing property features a commercial storefront along with three residential units, offering strong cash flow potential and diversified income streams. The building includes: Commercial space on the ground level 1-bedroom apartment on the 1st floor Spacious 2-bedroom apartment with balcony access on the 1st floor Top floor 2-bedroom apartment Located in a prime area with strong rental demand and close proximity to downtown Allentown, major routes, shopping, restaurants, and local amenities. Ideal opportunity for investors looking to expand their portfolio with a stabilized asset.
| MLS # | PALH2015670 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 138 |
| Listing Provided By | Space Real Estate, LLC | Bryant Rosado |
| SQ Feet | 4,320 |
|---|---|
| Garage | 2 |
| Basement | Y |
| Units | 4 |
| Zoning | R-MH |
| Acreage | 0.06 |
| Rooms Total | 17 |
|---|---|
| Cooling | None |
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Interior Features | 2nd Kitchen, Additional Stairway, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Kitchen - Eat-In, Store/Office, Walk-in Closet(s) |
| Exterior Features | Street Lights, Sidewalks |
|---|---|
| Roof | Shingle, Rubber |
| Construction Materials | Brick |
| Foundation Details | Brick/Mortar |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Public |
| Tax Annual Amount | 6043 |
|---|
| State | PA |
|---|---|
| County | LEHIGH PA |
| City | ALLENTOWN |
| Zip Code | 18102 |
| Area | Allentown City (12302) |
| School District | ALLENTOWN |
| Elementary School | CENTRAL |
| High School | WILLIAM ALLEN |
| Listing VS Median (in 18102) | |
Price: $649,900 low | high Med: $362,000 sqft: 4,320 low | high Med: 1,842 $ / sqft: $150 low | high Med: $197 On site: 138 low | high Med: 12.5 | |
| State | PA |
|---|---|
| County | LEHIGH PA |
| City | ALLENTOWN |
| Zip Code | 18102 |
| Area | Allentown City (12302) |
| School District | ALLENTOWN |
| Elementary School | CENTRAL |
| High School | WILLIAM ALLEN |
| Listing VS Median (in 18102) | |
Price: $649,900 low | high Med: $362,000 sqft: 4,320 low | high Med: 1,842 $ / sqft: $150 low | high Med: $197 On site: 138 low | high Med: 12.5 | |