Waterfront
Address
342 Ridge Avenue Allentown, PA
Price
$ 350,000
Property Attributes
  • MLS#657686
  • TypeMulti-Family
  • CountyLEHIGH
  • CityAllentown
  • AreaAllentown-Central
  • NeighborhoodNot in Development
  • Zip18102
  • StyleApartment Style,Commercial
  • Year Built1910
  • Taxes$ 5363
  • Price$ 350,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms2
  • Sqr Footage4460
Listing Provided Courtesy Of:
Real Living Spectrum Real Est
Data Source:
Greater Lehigh Valley REALTORS
Property Description

Motivated Seller ! Welcome to your NEW 4 UNIT Commercial/Residential INVESTMENT property on Ridge Ave! This property is located in close proximity to all that downtown Allentown has to offer. Your tenants would be within walking distance from the Lehigh River WaterFront which is currently in progress . The WaterFront will be filled with eateries, stores, apartments, and a walking path and much more. Don't forget that you will also be in close proximity to public transportation, museums and concert venues. You will want to purchase this property now while the local projects are in their early stages. This is the best time to invest in this four unit commercial/residential building. It has a fully functioning Laundromat that can be operated by its new owner or rented out for extra income , a church and two nicely sized three bedroom apartments. Close off the parking lot in the back and sit back and collect the rent! Make your appointment today!

Price History
1/16/2021 Listed $350,000

General Features

Construction Brick
Cooling No Air
County Lehigh
Electric 2172
Features Fire Escape
Parking Unpaved Lot
Parking Spaces 10
School District Allentown
Sewer Public
Subdivision Not in Development
Water Public
Water/Sewer 1500
Zoning Code B1/R

Interior Features

Heating 1523

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 18102

Price
AVG $230K
$350K
Taxes
AVG $2,645
$5,363
Visits
AVG 22
23
Year Built
AVG 1897
1910
Walkscore
AVG 84
75
Data Provided by Walkscore ® not using MLS data

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