Property sold with Clear CO!! Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 15 Units - 12 Residential Units and 3 commercial spaces. Because of its proximity to the new Downtown development this property is a great opportunity for a developer to demo/repurpose the building or renovate what's existing and raise rents. All units have room to renovate and raise rents making it a great value add opportunity. All units have electric heat and hot water and electric ranges - all units have separate utilities. The property has frontage facing 7th Street and which is the main arteries into downtown Allentown. Located steps from the new downtown development which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. 134 - 138 N. 7th Street is an excellent long term value add opportunity in the most up and coming area in Allentown. This property is a must see!
Off market
Price Unknown
134 N 7th St, Allentown, PA 18101
17beds
12,214sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$1,744 Estimated rent
What's special
Zillow last checked: 7 hours ago
Source: BHHS broker feed,MLS#: 729724
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 14
- Full bathrooms: 12
- 1/2 bathrooms: 2
Heating
- Electric
Interior area
- Total structure area: 12,214
- Total interior livable area: 12,214 sqft
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Materials
- Brick, Vinyl
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Allentown