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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,100 sqft
Price per Sqft $148
MLS Listing ID PALH113348
Sold Date 03/26/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $19,719
Tax Year 2019
Lot Size 2,700 Sqft
Acres 0.06
Lot Dimensions 25.00 x 108.00
Property Sub-Type Five Or More Units
Property Description
*CALLING FOR HIGHEST & BEST BY 10:00AM 2/6/2020* TURN-KEY, CLASS A COMMERCIAL PROPERTY IN HEART OF ALLENTOWN BUSINESS DISTRICT. 8 unit building consists of 7 luxury apartment units and 1 commercial space with long term lease. Stunning apartments feature central a/c, washer/dryer, exposed brick walls, wood flooring, modern kitchen with stainless steel appliances, granite countertops, and high ceilings. Five 2-bedroom units, Two 1-bedroom units, and commercial space are fully occupied with year+ leases. With the NY style character of the building and the proximity to entertainment & public transportation, this location is highly desirable for both investors and tenants.
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning B-2
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allentown
Others
Tax ID 640609587837-00001
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Brian Collini
Broker of Record / Owner | License ID: 1324485/0455485
Broker of Record / Owner License ID: 1324485/0455485