$650,000 Price Analysis    ♡   Allentown, PA 18109 4 bed 4 bath 4,515 SqFt ($143/SqFt) 5,097SqFt lot. Built 1915 Listed 2024-03-17, Taxes $12,180 | Ⓧ USDA Ineligible due to location near Allentown |
Attention Investors and Business Owners Here is a CONTEMPORARY LISTING offered FOR SALE as an EXCEPTIONAL MIXED-USE 4-UNIT COMMERCIAL INVESTMENT PROPERTY consisting of 2 APARTMENTS
A MECHANICAL CONTRACTOR'S GARAGE UNIT and the most incredible FULLY FITTED PROFESSIONAL SERVICES/SALON that could easily suit ANY other use imaginable in a City of Allentown Zoning B-3 (Highway Business Code) This property is NOW AVAILABLE directly across the street from The Lehigh Valley's NEXT BIGGEST APPROVED DEVELOPMENT on 200 ACRES called NORTHRIDGE , projected by City Center Developer to create 2, 227 construction jobs and 385 long-term positions, in addition to $9.35 million in annual tax revenue, making the future appreciation value of this property we are selling a SOLID choice to add to your investment portfolio.
This MIXED-USE sale presents a lucrative opportunity for RENTAL INCOME, OWNER OCCUPIED BUSINESS USE and/or LONG-TERM APPRECIATION. There are AFFORDABLE TAXES & PUBLIC NATURAL GAS UTILITIES on site as well as CENTRAL A/C. Buyers will NOT be disappointed in the heavily traveled AVENUE LOCATION with daily traffic count of almost 24, 000 cars passing by per day & within minutes of ALL LEHIGH VALLEY major highways. Schedule a tour with The Listing Broker ASAP because we are expecting a fast sale due to LOW INVENTORY & HEAVY BUYER DEMAND. Please allow 48hr notice for scheduling to allow us to schedule tours conveniently with tenants, the building is FULLY OCCUPIED. Thank you for your interest!
Presented by David Feinberg, Agent at
RE/MAX Central.
Property MLS #734331 from LehighValley
Full Bathrooms: 3
1/2 Bathrooms: 1
Heating Features: Gas
Lot Size Square Feet: 5097
Map directions Map directions Map directions Map directionsCounty: Lehigh
Directions: From Airport Rd turn left onto Hanover Ave, property on left.
Source Property Type: Investment Property
Area: Allentown-East
Source Neighborhood: Not in Development
Parcel Number: 641716993979 001
Subdivision: Not in Development
Zoning: B-3
Property Subtype: Detached, Mixed Use
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $210,200 + $33,600 $243,800 | $12,180 |
| 2022 | $210,200 + $33,600 $243,800 | $7,890 |
| 2021 | $210,200 + $33,600 $243,800 | $7,738 |
| 2020 | $210,200 + $33,600 $243,800 | $7,542 |
| 2019 | $210,200 + $33,600 $243,800 | $7,424 |
| 2018 | $210,200 + $33,600 $243,800 | $6,894 |
| 2017 | $210,200 + $33,600 $243,800 | $6,724 |
| 2016 | $210,200 + $33,600 $243,800 | $6,734 |
| 2015 | $210,200 + $33,600 $243,800 | $6,737 |
| 2014 | $210,200 + $33,600 $243,800 | $9,646 |
| 2013 | $210,200 + $33,600 $243,800 | $9,462 |
| 2012 | $59,800 + $15,400 $75,200 | $75,878 |
| 2011 | $59,800 + $15,400 $75,200 | $5,927 |
| 2010 | $59,800 + $15,400 $75,200 | $5,416 |
| 2009 | $59,800 + $15,400 $75,200 | $5,416 |
| 2008 | $59,800 + $15,400 $75,200 | $5,416 |
$650,000
LehighValley
Price Changed 2024-04-08
$685,000
LehighValley
Listed 2024-03-17
$715,000
LehighValley
Sold 2017-10-02
$237,500
BrightMLS
Listing removed 2017-07-04
$244,900
LehighValley
Price Changed 2017-03-31
$244,900
LehighValley
Listed 2017-01-10
$244,900
BrightMLS
Listed 2017-01-10
$250,000
LehighValley
Sold 1979-01-02
$53,000
Public Record
Property Age: 109
Levels or Stories: 3.0
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.