148 South 7Th Street
Allentown City, PA 18101
- – beds
- – baths
- 6,102 sqft
- 7,100 sqft lot
- $155 per sqft
- 1960 build
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Investment Opportunity available for sale in Downtown Allentown. This mixed-use four (4) unit property is +/- 6,102 SF that features a ground-level retail space of +/- 3,450 SF; three (3) two-bedroom (1) bedroom residential apartments that are ready to be leased for $1,850 to $2,000 per month based on area comps. The building was completely renovated throughout, with all the residential units comprised of breathtaking views through the newly replaced bay windows. All the units are separately metered and offer min-split air units along with washer and dryer hookups. The retail space is zoned B-2, which allows use for an Art gallery, Restaurant, Trade School, And a wide variety of Personal Services. The building is located one block from major Development such as (NIZ) Neighborhood Improvement Zone. The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown.
Last checked:
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Last updated Oct 25, 2024
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MLS# 718619 —
The Building
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Year Built:1960
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Year Built Exception:Unknown
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Construction:Brick
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SqFt:6,102 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, Mixed Use
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Zoning Code:B-2-CENTRAL BUSINESS
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Lot SqFt:7100
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Acres:0.163
Listing Agent
- Contact info:
- No listing contact info available
Heating & Cooling
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Heat:No
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Cooling:Central AC
Utilities
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Water:Public
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Water/Sewer:1000
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Sewer:Public
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Gas:No
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Electric:600
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
Parking
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Parking:Paved Lot
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Parking Spaces:10
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).
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 |
|---|---|---|---|---|
|
4/10/24
Apr 10, 2024
|
Sold | GLVR | $950,000 | |
|
2/16/24
Feb 16, 2024
|
Sold Subject To Contingencies | GLVR | $950,000 | |
|
12/7/23
Dec 7, 2023
|
Price Changed | GLVR | $950,000 | -20.8% |
