Location!! Don't miss the prime re-developemnt opportunity! Great opportunity to be part of the downtown Allentown revitalization and own a property in the NIZ (Neighborhood Improvement Zone). This building consists of 4 floors and a full basement. Each floor is approximately 5,000 SF for a total of 20,042 SF above grade and additional approximately 5,000 SF below grade which is mostly finished space. Great building for a Residential Conversion on the 3 upper floors leaving a 5,000 SF commercial space on the first floor 10,000 with the full basement. This building also could be great office building as well as other uses zoning is B-2. Located in the NIZ Improvement Zone and Opportunity Zone and directly in the heart of over 1 Billion Dollars of development. Across the street from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail, Nightlife, and so much more. This property is a must see!
Welcome to this unique and versatile property in the heart of Allentown, PA! This two-unit home offers endless possibilities with a commercial space on the first floor and an apartment upstairs. Located within walking distance to everything Allentown has to offer, you'll never have to go far for dining, shopping, or entertainment. The convenience of off-street parking adds to the appeal of this property. Whether you're looking for an investment opportunity or a place to call home while running a business, this property is ready for its next owner. Property will be delivered vacant at closing. Don't miss out on this rare find in Allentown - schedule your showing today!
ATTENTION INVESTORS! SEMI-DETACHED THREE BEDROOM TWIN ready for new Investor! Tenant pays all utilities including water, sewer and trash. Property is being sold "as is" and buyer will assume responsibility for completing City of Allentown CO requirements. Great rate of return on your investment with this monthly rental of $1595 and your tenant paying all utilities.
Here's your chance to be part of the Downtown Allentown Redevelopment!! This 15,729 Sq. Ft. 3 story commercial building is located between both revitalization areas of Allentown - Center City and The Waterfront. 1st floor has 12' ceilinged a freight elevator. 2nd floor has 10.5' ceilings and the 3rd floor has 9' ceilings. Great opportunity for a business owner or investor!. New mural on side of building! This property is a must see!
Seller financing available! Location - it doesn't get any better than this!! This investment opportunity consists of 11 fully renovated units (7) Residential Units and (4) Commercial Units. All units have been fully renovated including all the common areas and exterior. All units have electric heat and air conditioning and electric hot water - all units have separate utilities. Each of the 7 Residential Units have Electric Mini-Splits for heating and cooling, 2 Commercial units have Mini Splits, and 2 have Heat Pumps. All exterior and common areas are monitored by security cameras and internet is included w/ all of the tenants rent. Newly installed laundry room in basement features coin operated washer/dryers. Located in the NIZ Improvement Zone and Opportunity Zone and directly in the heart of over 1 Billion Dollars of development. Across the street from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail, Nightlife, and so much more. This property is a must see!
Location! Great opportunity to be part of the downtown Allentown revitalization and own a property in the NIZ (Neighborhood Improvement Zone). This opportunity which includes both 623 and 625 Hamilton Street is just steps from the new PPL Arena and surrounded by over 1 Billion Dollars of new development. The rear of the property backs up directly onto the new Arts Walk. Owner has approved plans to add 8 Units to the upper floors. Owner has secured national tenant for 1 of the 4 potential commercial spaces on first floor. National tenant paying $3000/Month. Don't miss the prime re-developemnt opportunity. This property is a must see!
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 whatâs 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!
The median home value in Allentown, PA is $241,400. This is lower than the county median home value of $284,100. The national median home value is $338,100. The average price of homes sold in Allentown, PA is $241,400. Approximately 38.51% of Allentown homes are owned, compared to 54.18% rented, while 7.31% are vacant. Allentown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Allentown real estate agent to arrange a tour today!
Allentown, Pennsylvania 18101 has a population of 125,250. Allentown 18101 is less family-centric than the surrounding county with 24.36% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Allentown, Pennsylvania 18101 is $47,703. The median household income for the surrounding county is $69,440 compared to the national median of $69,021. The median age of people living in Allentown 18101 is 31.9 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 19.8 degrees. The average rainfall is approximately 46.6 inches per year, with 29.2 inches of snow per year.