Address
751 Union Boulevard Allentown, PA
Price
$ 830,000
Property Attributes
  • MLS#657848
  • TypeMulti-Family
  • CountyLEHIGH
  • CityAllentown
  • AreaAllentown-East
  • NeighborhoodNot in Development
  • Zip18109
  • StyleComplex,Mixed Use
  • Year Built1940
  • Taxes10451
  • Price$ 830,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3912
  • Lot Size10,716 SqFt
Listing Provided Courtesy Of:
EXP Realty LLC
Data Source:
Greater Lehigh Valley REALTORS
Property Description

$75,480 Actual Gross, $61,100 Verified Net Income, 7.3% CAP @ ASK. This turnkey CLASS "A," 3-Unit asset is fully occupied, cash flowing, and totally renovated with NEW granite counters, luxury bathroom upgrades, all NEW stainless steel kitchens, NEW hardwood flooring, upgraded electrical, central AC, recent GAS-installation, NEWLY paved 14-car parking lot and a completely custom restaurant renovation with 5 years left on the lease term. Recent Allentown hit restaurant, "Pacific Palm Bistro," opened during COVID and has flourished with all 5-star google reviews and increasing customer base. This .24 ACRE property has a massive traffic count and unprecedented curb appeal sitting on Union BLVD, directly across from CVS Pharmacy, and neighboring Wendy's and professional/retail strip malls. *ALL NEW WINDOWS *NO DEFERRED MAINTENANCE *SUBWAY TILED BATHROOM *WASHER/DRYER in UNITS *LARGE LOWER LEVEL *EASY RE-RENT *CLASS "A" ASSET/LOCATION/CONDITION/TENANCY. B-3-Highway Business ZONING.

Price History
1/20/2021 Listed $830,000

General Features

Construction Brick
Cooling Central AC
County Lehigh
Electric 1080
Gas Y/N 1
Parking Off Site, Paved Lot
Parking Spaces 14
School District Allentown
Sewer Public
Subdivision Not in Development
Water Public
Water/Sewer 750
Zoning Code B-3-HIGHWAY 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 18109

Price
AVG $410K
$830K
Taxes
AVG $6,885
$10,451
Visits
AVG 6
15
Year Built
AVG 1935
1940
Walkscore
AVG 74
71
Data Provided by Walkscore ® not using MLS data

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