Address
134 7th Allentown, PA
Price
$ 1,690,000
Property Attributes
  • MLS#664077
  • TypeMulti-Family
  • CountyLEHIGH
  • CityAllentown
  • AreaAllentown-Central
  • NeighborhoodNot in Development
  • Zip18101
  • StyleApartment Style,Commercial
  • Year Built1900
  • Taxes$ 10185
  • Price$ 1,690,000
  • Bedrooms17
  • Full Bathrooms12
  • Half Bathrooms2
  • Sqr Footage12214
  • Lot Size6,360 SqFt
Listing Provided Courtesy Of:
BHHS Regency Real Estate
Data Source:
Greater Lehigh Valley REALTORS
Property Description

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.

Price History
4/8/2021 Listed $1,690,000

General Features

Construction Brick, Stucco, Vinyl
Cooling No Air
County Lehigh
Electric 1248
Parking None
School District Allentown
Sewer Public
Subdivision Not in Development
Water Public
Water/Sewer 4760
Zoning Code B-2-Central Business

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 18101

Price
AVG $3.39M
$1.69M
Taxes
AVG $35,977
$10,185
Visits
AVG 30
151
Year Built
AVG 1897
1900
Walkscore
AVG 89
95
Data Provided by Walkscore ® not using MLS data

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