Views
Address
911 West Hamilton Street Allentown, PA
Price
$ 1,250,000
Property Attributes
  • MLS#654368
  • TypeMulti-Family
  • CountyLEHIGH
  • CityAllentown
  • AreaAllentown-Central
  • NeighborhoodNot in Development
  • Zip18101
  • StyleApartment Style,Commercial
  • Year Built1920
  • Taxes10569
  • Price$ 1,250,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6536
  • Lot Size5,053 SqFt
Listing Provided Courtesy Of:
EXP Realty LLC
Property Description

DOWNTOWN Allentown holds the most UNIQUE NIZ/OPPORTUNITY ZONE TAX INCENTIVES for investors/developers IN AMERICA, reducing/returning financial liabilities & raising revenues (docs in images). $78,000 *PROJECTED* GROSS, $63,631 *PROJECTED* NET, 5% CAP after buildout costs. EXTREME VALUE ADD with commercial zoning. 3-leaseable floors, storefront actual rent @$1500, could be $3.5K/MO. Connected to the most iconic building in Allentown on a 5,053 lot. Building totals 6,536+SF with 12 paved parking in rear. ALTERNATIVELY - REDEVELOP FOR MAJOR NIZ/OPP ZONE INCENTIVES, e.g., professional offices or hotel. Neighboring DEVELOPERS completing over $200MM in construction for over 600 units in NIZ zone (see renderings/images). Next to PPL event center and WITHIN billion-dollar downtown redevelopment. Building available with 915 - 922 W Hamilton portfolio, or available with 20MM+ downtown portfolio. See images for NIZ benefits. See Aerial drone & VIRTUAL TOUR to view the property.

Price History
11/19/2020 Listed $1,250,000

General Features

Construction Brick
Cooling Wall AC
County Lehigh
Electric 500
Parking Off Site
Parking Spaces 12
School District Allentown
Sewer Public
Subdivision Not in Development
Water Public
Water/Sewer 800
Zoning Code B-2-CENTRAL BUSINESS

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 18101

Price
AVG $1.05M
$1.25M
Taxes
AVG $8,483
$10,569
Visits
AVG 37
19
Year Built
AVG 1905
1920

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