116 4Th Street
Allentown City, PA 18102
- – beds
- – baths
- 2,897 sqft
- 2,222 sqft lot
- $321 per sqft
- 1885 build
"Investment Opportunity of a Lifetime! This rare, legally approved grandfathered rooming house in Allentown presents one of the last chances for savvy investors to secure a lucrative opportunity. Boasting 12 spacious bedrooms, 3 full bathrooms, a modern KitchenAid kitchen, and a high-efficiency gas boiler, this property has been meticulously maintained. The Certificate of Occupancy has been successfully completed and approved by the City of Allentown, ensuring a seamless transition. With a total annual income of $98,000 and potential for future growth, this exceptional investment promises impressive returns. Don't miss this incredible opportunity to expand your portfolio and secure long-term financial success
Last checked:
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Last updated Dec 6, 2024
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MLS# 744943 —
The Building
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Year Built:1885
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Construction:Brick
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Stories:3.0
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SqFt:2,897 Sqft
Location
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Area:Allentown-Central
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Commercial
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Zoning Code:R-H-HIGH DENSITY RESIDENTIAL
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Lot SqFt:2222
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Acres:0.051
Listing Agent
- Contact info:
- No listing contact info available
Heating & Cooling
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Heat:2856
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Cooling:No Air
Utilities
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Water:Public
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Water/Sewer:1174
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Sewer:Public
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Gas:No
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Electric:3053
Schools
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School District:Allentown
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/18/24
Nov 18, 2024
|
Price Changed | GLVR | $930,000 | -5.1% |
|
10/17/24
Oct 17, 2024
|
Listed / Active | GLVR | $980,000 |
