New Construction
Address
130 South 7th Allentown, PA
Price
$ 4,900,000
Property Attributes
  • MLS#659586
  • TypeMulti-Family
  • CountyLEHIGH
  • CityAllentown
  • AreaAllentown-South
  • NeighborhoodNot in Development
  • Zip18101
  • StyleApartment Style
  • Taxes$ 25000
  • Price$ 4,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.49 Acres
Listing Provided Courtesy Of:
Addison Wolfe Real Estate
Data Source:
Greater Lehigh Valley MLS (GLVMLS) - 28 - PA
Property Description

Join the downtown redevelopment revolution. Check out the 2 links for virtual tour of proposed mid-rise apartment buildings. Approximately .5 acre redevelopment site for sale. Additional lots can purchased for a total of .75 acres. Proposed 10 story parking deck going up next door. Developer could potentially partner with Allentown Parking Authority and lease decks for parking. Property is in the Opportunity Zone which qualifies for special loans and financing. Over 250 new upscale apartments nearly finished 1/2 block away. Property currently generates income from 22 units of approximately $215,000. Seller is a PA Realtor.

Price History
2/6/2021 Listed $4,900,000

General Features

Construction Aluminum, Brick, Vinyl
Cooling No Air
County Lehigh
Parking Paved Lot
Parking Spaces 14
School District Allentown
Sewer Public
Subdivision Not in Development
Water Public
Zoning Code B-2

Amenities

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

Property vs Multi-Family Average in 18101

Price
AVG $1.14M
$4.9M
Taxes
AVG $9,048
$25,000
Visits
AVG 57
69
Walkscore
AVG 86
91
Data Provided by Walkscore ® not using MLS data

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