42 10th Street N, Allentown City PA 18101 Photo 1 42 10th Street N, Allentown City PA 18101 Photo 2 42 10th Street N, Allentown City PA 18101 Photo 3 42 10th Street N, Allentown City PA 18101 Photo 4

No driving directions were found. Please adjust your search.

42 10th Street - Cash flowing investment property for sale! This investment opportunity is a 26 room boarding house with 2 apartments and a ground floor retail space that is currently leased to a restaurant group. Hotel Liquor License is included in the sale. There are 4 common area restrooms that service the rooms. All rooms have key pad access and include a bed and television. Most tenants are currently month to month, but new owner could increase profits with weekly rentals and also renovate two additional apartments. Landlord pays all utilities. Located just blocks from the rebirth of downtown Allentown, PA and Hamilton street corridor which includes PPL Event Center, Allentown Symphony Hall, Allentown Art Museum, retail, restaurants and so much more.

Listing information

  • MLS® ID: 588315
  • Status: Active
  • Foreclosure: No
  • Lot Size: 58.75 x 110
  • School District: Allentown
  • Style: Multi-Family
  • Stories: 3
  • Total Square Footage: 10,946 ($137.04 per sq. foot)
  • Estimated Annual Taxes: $9,289
  • Subdivision: Not in Development
  • Year Built: 1965
  • New Construction: No
  • Lot Area: 0.15 Acres
  • County: Lehigh

Features

Area Allentown Central
Construction Brick
Cooling Central Ac, Wall Ac
Other Electric - 18225, Gas - 0, Gross Income - 211968, Heat - 0, Net Income - 170918, Operating Expense - 41051, Other Expenses - 2850, Water/Sewer - 2230, Zoning Code - B-2
Parking Paved Lot
Property Category Commercial
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Kw Commercial