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$600,000
Est. payment /mo
6 Beds
5 Baths
5,888 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,888 sqft
Price per Sqft $101
Subdivision Not In Development
MLS Listing ID 779020
Bedrooms 6
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,177
Lot Size 1,437 Sqft
Acres 0.033
Property Sub-Type Apartment
Property Description
Exceptional mixed-use investment opportunity in the heart of Allentown! This fully occupied, income-producing corner property features a first-floor commercial church space and four residential apartments across the upper levels, providing multiple income streams and strong long-term investment potential.
The commercial unit occupies the main level and features a large open gathering area with stage, seating capacity, updated lighting, and restroom facilities. The highly visible corner location offers excellent exposure and accessibility for a variety of future commercial or community-oriented uses.
The second and third floors consist of four residential apartments with a mix of updated finishes, including renovated kitchens, updated flooring, bright living spaces, and well-maintained interiors. Tenants enjoy separate entrances, shared common areas, and convenient access to downtown amenities, public transportation, shopping, dining, and major commuter routes.
The building's attractive brick exterior, prominent corner presence, and historic architectural details add character and curb appeal, while the established tenancy and existing leases provide immediate cash flow for investors. Whether you're looking to expand your portfolio or acquire a stabilized mixed-use asset with upside potential, this property offers a unique opportunity in a growing market.
The commercial unit occupies the main level and features a large open gathering area with stage, seating capacity, updated lighting, and restroom facilities. The highly visible corner location offers excellent exposure and accessibility for a variety of future commercial or community-oriented uses.
The second and third floors consist of four residential apartments with a mix of updated finishes, including renovated kitchens, updated flooring, bright living spaces, and well-maintained interiors. Tenants enjoy separate entrances, shared common areas, and convenient access to downtown amenities, public transportation, shopping, dining, and major commuter routes.
The building's attractive brick exterior, prominent corner presence, and historic architectural details add character and curb appeal, while the established tenancy and existing leases provide immediate cash flow for investors. Whether you're looking to expand your portfolio or acquire a stabilized mixed-use asset with upside potential, this property offers a unique opportunity in a growing market.
Location
State PA
County Lehigh
Area Allentown-Central
Direction 78W to Lehigh St
Interior
Heating Baseboard, Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Allentown
Others
Senior Community No
Tax ID 549781822379-1
Energy Description 250.0
Special Listing Condition None
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Listed by Coldwell Banker Hearthside
Nearby Locations
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Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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