222 S 15th ST, Allentown City, PA 18102
222 S 15th ST, Allentown City, PA 18102
222 S 15th ST, Allentown City, PA 18102
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$2,100,000
Est. payment /mo
20 Beds
15 Baths
10,878 SqFt
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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 10,878 sqft

Price per Sqft $193

Subdivision Not In Development

MLS Listing ID 770573

Bedrooms 20

Full Baths 15

Construction Status Unknown

HOA Y/N No

Annual Tax Amount $18,378

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40 x 120

Property Sub-Type Apartment

Property Description

Exceptional opportunity to acquire a 15-unit apartment building in Allentown. This brick, 3-story apartment-style property features a strong unit mix of 1,2 bedroom and efficiency apartments, providing immediate cash flow. The property is serviced by public water and sewer, offers gas heat, and individual units include oven/range and refrigerator. Located near downtown Allentown, public transportation, entertainment, dining, and shopping, ensuring consistent rental demand. Well-maintained asset with long-term tenants and upside potential through rent optimization. Ideal for investors seeking a stable, income-producing multifamily property in a growing urban market. 48-hour notice required for showings. Landlord pays gas heat, hot water, water/sewer, trash. Tenant pays gas cooking and electric. Each unit has separate meters for electric and gas cooking

Location

State PA

County Lehigh

Area Allentown-West

Direction Hamilton Street to South on 15th Street units on the right.

Interior

Heating Gas, Radiator(s)

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features On Street

Water Access Desc Public

Building

Story 3

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Allentown

Others

Senior Community No

Tax ID 549667943712 001

Energy Description 6200.0

Special Listing Condition None


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Listed by Rudy Amelio Real Estate

Nearby Locations

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Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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