929 W Hamilton St, Allentown, PA 18101

$103,800K Projected Gross, $67K Net, PROJECTED 7.88% CAP @ ask. This property is a Class B, FOUR (4) - unit, mix with THREE luxury res units and ONE 4,500 SQFT storefront including a massive basement. The owner is in process of re-renting at market rents, but the prop is currently fully occupied, cash flowing, and turnkey with limited to no renovation needed. Building spans 230' X 21' feet with frontage on Hamilton, city center, next to PPL. PROPERTY could be REDEVELOPED with Sizable NIZ/OPP ZONE fed/state tax benefits, combined with Allentown's downtown revitalization & LIMITED HEIGHT RESTRICTION, this is an optimal site for a hotel, apartment building, corporate center, restaurant, or venue space. This property is also perfect to be rented as an Airbnb as there is not enough overnight supply in the area. Airbnb numbers could be between $300/$500 per unit during PPL event nights (Based on Comps), Sold "AS IS."