Value-Add Mixed-Use Opportunity - Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage-ideal for an owner-occupant or to maximize rental income. Unit 2: One-bedroom studio apartment, perfect for consistent rental income. Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.
| MLS # | 762577 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1843 |
| Days On Site | 425 |
| Listing Provided By | Keller Williams Allentown | Ayon A. Codner |
| SQ Feet | 2,878 |
|---|---|
| Story(s) | 3 |
| Units | 3 |
| Zoning | B1/R |
| Acreage | 0.11 |
| Tax Annual Amount | 2990.51 |
|---|
| State | PA |
|---|---|
| County | Lehigh |
| City | Allentown City |
| Zip Code | 18102 |
| Area | Allentown Central |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $480,000 low | high Med: $290,000 sqft: 2,878 low | high Med: 1,513 $ / sqft: $167 low | high Med: $196 On site: 425 low | high Med: 57.5 | |
| State | PA |
|---|---|
| County | Lehigh |
| City | Allentown City |
| Zip Code | 18102 |
| Area | Allentown Central |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $480,000 low | high Med: $290,000 sqft: 2,878 low | high Med: 1,513 $ / sqft: $167 low | high Med: $196 On site: 425 low | high Med: 57.5 | |