520 N 7TH ST, Allentown City, PA 18102
520 N 7TH ST, Allentown City, PA 18102
520 N 7TH ST, Allentown City, PA 18102
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Mike Smutz

Mike Smutz

+1(610) 839-7654
$474,999
Est. payment /mo
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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Not In Development

MLS Listing ID 775910

Construction Status Unknown

HOA Y/N No

Year Built 1890

Property Sub-Type Apartment

Property Description

Mixed-use 3-unit property in the heart of Center City Allentown, offering strong income and future upside. The building includes a commercial space on the first floor and two 1-bedroom apartments on the upper levels. Fully occupied and currently generating approximately $3,750 per month, with potential to increase to $4,200+ as rents are brought to market. Both residential leases are short term, providing flexibility for rent adjustments or repositioning. Located along busy North 7th Street, the property offers excellent visibility and steady foot traffic, surrounded by restaurants, shops, and local businesses. Just minutes from the PPL Center, Hamilton Street corridor, and major transportation routes. Seller is motivated—agents are encouraged to bring all offers.

Location

State PA

County Lehigh

Area Allentown-Central

Direction From route 22, take 7th Street exit and head south toward downtown Allentown. Continue straight for about two miles - 520 N 7th Street will be on your right, near Liberty Street and close to the PPL Center Area.

Interior

Heating Forced Air, Gas

Cooling Central Air, Wall Unit(s)

Fireplace No

Exterior

Parking Features On Street

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Allentown

Others

Senior Community No

Tax ID 549793901854001

Special Listing Condition None

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Listed by I-Do Real Estate

Nearby Locations

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+1(610) 839-7654
http://www.mikesmutz.com/
Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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