Address
40 10Th Street Allentown, PA
Price
$ 199,900
Property Attributes
  • MLS#661823
  • TypeCommercial
  • CountyLEHIGH
  • CityAllentown
  • AreaAllentown-Central
  • Zip18101
  • StyleApartment Building,Commercial
  • Price$ 199,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2842
  • Lot Size1,917 SqFt
Listing Provided Courtesy Of:
Keller Williams Real Estate
Data Source:
Greater Lehigh Valley REALTORS
Property Description

Back on Market: 3 Unit Mixed Multi in 18101 near NIZ district. Zoned B-2 Commercial. 1st floor can accommodate many commercial uses (~1000 sq ft). 2nd floor was 2 Br residential. 3rd floor was 3 Br residential. All units vacant and ready for your improvements. NOI estimated at $30681 with market rents. At $199K + $10K closing + $30K in improvements (paint, flooring,…), the Cap Rate could be 13%. Extremely high in 18101!

Price History
3/8/2021 Listed $199,900

General Features

Cooling None
County Lehigh
Parking Off Site, On Site
Potential Use Apartments, Building Trades, Church, Convenience Store, Food Banquet, Gift Shop, Grocery Store, Laundry, Medical Service, Mini Mart, Office, Other, Professional Service, Residence, Restaurant, Retail, Wholesale
School District Allentown
Sewer Public
Utilities Gas Available
Water Public
Zoning Code B-2-CENTRAL BUSINESS

Exterior Features

Surfacetype Other

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 $2.3M
$200K
Year Built
AVG 1922
1900

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