MLS® ID: 622340

948 Front Street

Allentown City, Pennsylvania, 18102

$499,000 Available
  • - SQFT
Approved Apartment Subdivision - Land only - This is a great opportunity to own an approved 29 apartment subdivision, close to the new riverfront redevelopment and just north of American Parkway. The site has all City of Allentown approvals in place (with exception to final building permits to the best of seller's knowledge). Plan available on request. Build out and sell or build them as rentals. As a rental, 29 Total Units made up of 14 1-bedroom units estimated at $1100 per month rent and 15 2-bedroom units estimated at $1400 per moth rent would bring in a Gross Income of $436,800 per year. Buyer is to be responsible for NPDES.
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Listing courtesy of CENTURY 21 Keim Realtors

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    18102
  • Office name
    CENTURY 21 Keim Realtors
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Investment Property
  • Zoning type
    PA077
  • School district
    Allentown
  • Year built
    1937
  • Lot size
    118701
  • Sewer
    Public
  • Heating
    0
  • Agent name
    Loren K. Keim Jr.
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    C2KM
  • Agent ID
    KEIMLORE
  • Property Subtype
    Investment Property

Location

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