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134 138 7th
Allentown, PA 18101

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Property Details


List Price: $2,449,000
Beds: 17
Baths: 14
Status: Active
SqFt: 12214
Agency: Prudential Regency Real Estate

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Description/Comments


Lot Size: --
Property Type: MultiFamily
Year Built: 1900
Notes: Property sold with Clear CO!! Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 15 Units - 12 Residential Units and 3 commercial spaces. Because of its proximity to the new Downtown development this property is a great opportunity for a developer to demo/repurpose the building or renovate what’s existing and raise rents. All units have room to renovate and raise rents making it a great value add opportunity. All units have electric heat and hot water and electric ranges - all units have separate utilities. The property has frontage facing 7th Street and which is the main arteries into downtown Allentown. Located steps from the new downtown development which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. 134 - 138 N. 7th Street is an excellent long term value add opportunity in the most up and coming area in Allentown. This property is a must see!
MlsNumber: 729724


Listing Provided By: Prudential Regency Real Estate, original listing
Name: Prudential Regency Real Estate
Phone: (610) 393-0892
Office Name: BHHS Regency Real Estate
Office Phone: (610) 432-5252
Agent Name: Andrew A. Ginsburg
Disclaimer: Copyright © 2024 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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