Allentown PA Multi Family for Sale
- Type:
- Investment
- Sq.Ft.:
- 1,664
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- 745742
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
ATTENTION INVESTORS! Add this FOUR BEDROOM/ONE BATH Row Home to your portfolio with a 9% CAP Rate! Current Tenant pays $1845 in rent plus all utilities. Home is conveniently located to I-78 access, local hospitals, restaurants and shopping. Low taxes add to your cash flow! Buyer will be responsible for the city of Allentown CO.
- Type:
- Investment
- Sq.Ft.:
- 2,171
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- 743946
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Opportunity is knocking! Welcome to your NEW investment property/ Commercial Property. in this vibrant business district. This property has 9 total rooms. More than enough room to grow your business. This location previously was a professional office. However, there is a possibility with some renovation that you can convert this property to its ( land use ) of Office on the first floor and apartment on the second. Make this the new address for your business. Make your appointment today.
- Type:
- Investment
- Sq.Ft.:
- 4,931
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 743175
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
TURN-KEY INVESTMENT OPPORTUNITY in sought-after Downtown location. This 4-unit property has been fully-renovated from top to bottom, inside & out with nothing left to do but produce positive cashflow. Consisting of TWO 2-bed, 1-bath units that are renovated with new kitchens, baths, and brand new HVAC systems, another BRAND NEW 2-bed, 1-bath unit approx 1300+/- sq ft ready for occupancy, PLUS approx 1800+ sq ft lower level with 2 outside entrances for owner use/storage, or create additional cashflow. Current rents are $1,250/m(long term tenant), $1,500/m, & $2,000/m(projected), totaling $57,000/y gross income with NOI over $41,000/year, without including the entire lower level!! Recent updates throughout the building include: New Vinyl Facade, New Vinyl Windows throughout, New Decks, New Kitchens w/ Granite Tops, New HVAC units(all heat pumps w/ A/C), New Baths, Brand New 4 Meter Gang Electric Service. Truly a unique property that will not disappoint, don't miss out, schedule today!
- Type:
- Investment
- Sq.Ft.:
- 44,196
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.26 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- 741679
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Jump on this hot property. Combined 4 story adaptive reuse building for 40 apartments PLUS site for 50 new unit building. Total 90 units in great location in South Allentown just off Lehigh St. close to shopping, Rt. 309 and easy access to everywhere. This is an attention getting location and apartment development site that is a rare offering in the market. This location and newly built apartments will be the site that tenants will be drawn to as the latest hot location in the Lehigh Valley. Great designs on both the adaptive reuse and the new building. Existing structure with new roof limits cost on renovation and plans already done for new building on approved site means this project is ready to go. Act now and take advantage of this great project.
- Type:
- Investment
- Sq.Ft.:
- 1,952
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.07 Acres
- Year built:
- 1915
- Baths:
- 2.00
- MLS#:
- 740804
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
3 units included the grocery store for a package sale. The first floor has been an owner-operated grocery store for over 40 years Owner is RETIRING. The second floor is a 2-bedroom apartment. A detached garage is in the rear. Newer oil boiler(2023). This mini grocery store located in South Allentown has been operating successfully for over 40 years. This is Potential! City inspection passed in 2023. Property being sold in â??As-Is Conditionâ?? Buyer responsible for any City Inspection requirements. NO Sign on the property.
- Type:
- Investment
- Sq.Ft.:
- 1,568
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.03 Acres
- Year built:
- 1875
- Baths:
- 1.00
- MLS#:
- 739936
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Exceptional cash flow on this rental boasting a 13.2% return! Tenant pays all utilities. Leased until 5/31/25 @ $1875. 3 Bedroom 1 bathroom Row Home in Allentown. Make an offer today!
- Type:
- Investment
- Sq.Ft.:
- 1,918
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 730509
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
Detached Single Family 1-UNIT Full House Rental with 4 bedrooms and 2 Full Bathrooms in Allentown has been owned by only two families since new, and has been occupied by the same tenant for the last 10 years. Current owner purchased from grandson of original family in 2014 and had new upstairs bathroom installed. New Gas Water Heater in 2021. Roof is Asphalt Fiberglass Architectural shingle. 200 Amp Electrical Service. Large Off-Street paved parking pad at rear of propety (30' x 27.5') is accessed via alley. Brick, covered front porch (18' x 7.5') welcomes visitors and allows for front-porch sitting. Semi-Finished Basement, with basement Egress via 2 methods, including Bilco type door out to Large Back Covered Patio (22' x 14.5') includes finished factory bath conversion and laundry and utilities.
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Allentown Real Estate
The median home value in Allentown, PA is $135,200. This is lower than the county median home value of $202,300. The national median home value is $219,700. The average price of homes sold in Allentown, PA is $135,200. Approximately 39.74% of Allentown homes are owned, compared to 51.85% rented, while 8.42% 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 18103 has a population of 120,128. Allentown 18103 is less family-centric than the surrounding county with 24.72% of the households containing married families with children. The county average for households married with children is 29.82%.
The median household income in Allentown, Pennsylvania 18103 is $38,522. The median household income for the surrounding county is $60,116 compared to the national median of $57,652. The median age of people living in Allentown 18103 is 31.8 years.
Allentown Weather
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 48.1 inches per year, with 32.9 inches of snow per year.