247 N 7th St, Allentown, PA 18102

$1,300,000
15
BD
9
BA
7,870
SqFt

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List Price
$1,300,000
MLS#
782934
Status
ACTIVE
City
Allentown
Area
Allentown-Central
County
Lehigh
Neighborhood
Not In Development
Bedrooms
15
Bathrooms
9
Living Area
7,870
Lot Size
2,875
Year Built
1900

Property Description

Prime investment opportunity on Allentown’s highly sought-after 7th Street corridor! This 7,870 sq. ft. fully rented income-producing property features a total of 7 units, including five 2-bedroom apartments, one spacious 5-bedroom apartment, and a grocery store. The property offers a total of 15 bedrooms and 7 bathrooms, along with gas heat. Located on a busy and well-established commercial corridor surrounded by restaurants, businesses, shopping, and everyday amenities, this property provides strong visibility and excellent rental potential. A great opportunity for investors looking to add a fully occupied multi-unit property with a commercial component to their portfolio in a prime Allentown location.

Additional Information

Acres
0.07
Cooling
Ceiling Fan(s), Window/Wall
Interior Features
Balcony
Living Area
7,870
Lot Size
2,875
Region
Allentown-Central
School District
Allentown
Sewer
Public Sewer
Stories
3
Taxes
$10,284
Zoning
B1/R

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Calculator source: Real Geeks

Listing courtesy of Allentown City Realty.

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