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Key Details
Sold Price $1,920,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 10,878 sqft
Price per Sqft $176
Subdivision Not In Development
MLS Listing ID 770573
Sold Date 08/31/26
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
Financing Other
Special Listing Condition None
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Bought with Steel City Realty