New Construction
Address
130 South 7th Allentown, PA
Price
$ 4,900,000
Property Attributes
- MLS#659586
- TypeMulti-Family
- CountyLEHIGH
- CityAllentown
- AreaAllentown-South
- NeighborhoodNot in Development
- Zip18101
- StyleApartment Style
- Taxes$ 25000
- Price$ 4,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.49 Acres
Listing Provided Courtesy Of:
Addison Wolfe Real Estate
Data Source:
Greater Lehigh Valley MLS (GLVMLS) - 28 - PA
Property Description
Join the downtown redevelopment revolution. Check out the 2 links for virtual tour of proposed mid-rise apartment buildings. Approximately .5 acre redevelopment site for sale. Additional lots can purchased for a total of .75 acres. Proposed 10 story parking deck going up next door. Developer could potentially partner with Allentown Parking Authority and lease decks for parking. Property is in the Opportunity Zone which qualifies for special loans and financing. Over 250 new upscale apartments nearly finished 1/2 block away. Property currently generates income from 22 units of approximately $215,000. Seller is a PA Realtor.
| Price History | |
|---|---|
| 2/6/2021 | Listed $4,900,000 |
General Features
| Construction | Aluminum, Brick, Vinyl |
|---|---|
| Cooling | No Air |
| County | Lehigh |
| Parking | Paved Lot |
| Parking Spaces | 14 |
| School District | Allentown |
| Sewer | Public |
| Subdivision | Not in Development |
| Water | Public |
| Zoning Code | B-2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 18101
Price
Taxes
Visits
Walkscore
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS®. Real Estate listings held by brokerage firms (licensees) other than #firm are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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