Address
724 North 7Th Street Allentown, PA
Price
$ 999,999
Property Attributes
  • MLS#673754
  • TypeCommercial
  • CountyLEHIGH
  • CityAllentown
  • AreaAllentown-Central
  • Zip18102
  • StyleCommercial,Non Conforming
  • Taxes$ 9691
  • Price$ 999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8006
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
Harvey Z Raad Real Estate
Data Source:
Greater Lehigh Valley MLS (GLVMLS) - 28 - PA
Property Description

Amazing Opportunity Awaits to Own this 25 Room Boarding House with Additional Commercial Retail Space & Garage Storage Rental that provides a 10% Cap Rate! 1st Level has Barber Shop Leased Space along with Separate Office Space which Owner uses for his own office to manage the building. 25 Rooms which share bathrooms that spread across 3 floors are almost always fully leased for $140/week. About half are actually long term tenants which the owner inherited! Rear Detached Garage also leased for $250/month! Excellent Income, Solid Brick Building and nothing to do but continue management & collect rents! Close to Shopping, Downtown Allentown Arena & Restaurants, Route 22 & All Major Highways! Call Today to Schedule Your Showing!

Price History
7/23/2021 Listed $999,999

General Features

Construction Brick
Cooling None
County Lehigh
Parking Off Site
Potential Use Apartments, Office, Professional Service, Retail
School District Allentown
Sewer Public
Utilities 50-200 AMP, 300-400 AMP
Water Public
Zoning Code B1/R

Exterior Features

Frontage 40
Road City Road, State
Surfacetype None

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 Commercial Average in 18102

Price
AVG $410K
$1,000K
Taxes
AVG $12,185
$9,691
Visits
AVG 18
16
Walkscore
AVG 84
87
Data Provided by Walkscore ® not using MLS data

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