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Sold for $950,000 on 04/10/24
  • $950,000

    148 S 7th St, Allentown, PA 18101

    --beds
    --baths
    6,102sqft
    Mixed Use, Multi Family
    Built in 1960
    -- sqft lot
    $1,028,500 Zestimate®
    $156/sqft
    $1,555 Estimated rent

    What's special

    Investment Opportunity available for sale in Downtown Allentown. This mixed-use four (4) unit property is +/- 6,102 SF that features a ground-level retail space of +/- 3,450 SF; three (3) two-bedroom (1) bedroom residential apartments that are ready to be leased for $1,850 to $2,000 per month based on area comps. The building was completely renovated throughout, with all the residential units comprised of breathtaking views through the newly replaced bay windows. All the units are separately metered and offer min-split air units along with washer and dryer hookups. The retail space is zoned B-2, which allows use for an Art gallery, Restaurant, Trade School, And a wide variety of Personal Services. The building is located one block from major Development such as (NIZ) Neighborhood Improvement Zone. The NIZ is a State Tax district created in 2011 that is being utilized to encourage development and revitalization in the center city of Allentown.

    Zillow last checked: 7 hours ago

    Listing updated: April 10, 2024 at 02:22pm

    Listed by:

    Ayon A. Codner,

    Keller Williams Allentown,

    Daniel D. Vialet 610-435-1800,

    Keller Williams Allentown

    Bought with:

    Jen Benner, RS337797

    KW Philly

    Source: GLVR,MLS#: 718619MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Interior area
    • Total interior livable area: 6,102 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Paved, Parking Lot
    Lot
    • Size: 7,100 sqft
    Details
    • Parcel number: 640619345197001
    • Zoning: B-2-CENTRAL BUSINESS
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use, Multi Family
    Materials
    • Brick
    Condition
    • Unknown
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Allentown
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,028,500
    2% more+ $20,570
    With Zillow Showcase(estimated)
    $1,049,070