A unique opportunity, The sale included a three-unit and the retail business, grocery store in a package. It features a well-established grocery store on the first floor, owner-operated for over 40 years, and now available due to retirement. Accompanying units include a two-bedroom apartment and a detached garage. It has a successful operational history spanning decades in south Allentown and a recent city inspection pass in 2023: newer oil boiler (2023) and chimney liners (2023). Owner financing is available. The property is sold in its current state, As-Is. Buyer is responsible for any City Inspection requirementsâ??NO Sign on the property.
Great Investment Opportunity! Offering 6 apartment units. Features two 2-bedroom apartments, 4 one-bedroom apartments, and a detached garage. All the units have separate electrical meters. Well-maintained property with recent updates. Convenient location in Allentown with access to amenities and services. Property being sold in â??As Is Conditionâ?? Buyer responsible for any City Inspection requirements. The property is conveniently located near the heart of Allentownâ??s redevelopment shops, restaurants, parks, and major transportation routes. The property is being sold in "As is Condition". The buyer is responsible for CO inspections if needed.
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.
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.
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 18103 has a population of 125,250. Allentown 18103 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 18103 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 18103 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.