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Off market
  • $1,270,500

    1901 W Allen St, Allentown, PA 18104

    --beds
    0baths
    5,180sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $1,270,500 Zestimate®
    $245/sqft
    $1,725 Estimated rent

    Owner options

    List your home for rent

    $1,725/mo

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    $1,725/mo

    Rent Zestimate®

    Refinance and save

    $8,094/mo

    Est. payment

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    $8,094/mo

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    What's special

    Opportunity to own 2 high profile corners in the West End Theatre District w/7 units & 30 car parking lot. 1901 W. Allen St. and 1902 W. Allen St. being sold as a package. Combined Gross Income $116,887 - Combined Net Operating Income $80,061. ******* 1901 W. Allen St. Prime corner 5 unit building w/30 car parking lot. 2 commercial store fronts on the 1st flr w/3 apts. above. Each unit pays their own utilities & the building is fully occupied. New roof 2014. Gross Income w/CAM is $67,956 Total Expense: $24,876 (Taxes $13,176 - Ins. $2,500 - Maintenance $2,000 - Snow $5,000 - W & S $2,200) Net Operating Income $43,080 ******* 1902 W. Allen St. Prime corner w/2 commercial store fronts with additional income from rooftop billboards. Each tenant pays their own utilities & the building is fully occupied. Gross Income with CAM is $48,912 Total Expenses: $11,950 (Taxes $7,450 - Ins. $1,500 - Repairs $1,000 - Maintenance $1,500 - W & S $500.00) Net Operating Income $36,962

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Heat pump, Electric
    Cooling
    • None
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 5,180 sqft

    Property

    Parking
    • Total spaces: 30
    Features
    • Exterior features: Other
    Lot
    • Size: 0.33 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public

    Community & neighborhood

    Location
    • Region: Allentown

    Other

    Other facts
    • Construction: Brick
    • County: Lehigh
    • Parking: Paved Lot
    • PropertySubTypeCategory: Detached, Commercial
    • PropertyType: Investment Property
    • Sewer: Public
    • Status: Available
    • Water: Public
    • Cooling: No Air
    • SpecialConditions: Not Applicable
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,270,500
    2% more+$25,410
    With Zillow Showcase(estimated)$1,295,910