About this property

Investment Opportunity in the Heart of Allentown! Add a versatile income-producing property to your portfolio with this three-unit apartment building in the heart of Allentown! Each unit offers one bedroom and one full bathroom, providing a practical rental layout for tenants. The current tenants keep their apartments clean, and the utility setup helps keep ownership expenses manageable, with tenants responsible for their own heat and electric while the owner pays for water. Looking beyond the current rental income? This property may offer an exciting future development opportunity. The potential to build up to seven stories could create additional possibilities for expanded income or redevelopment, subject to verification and approval by the City of Allentown. Buyers are encouraged to independently confirm current zoning, permitted uses, building height, density, and all applicable development requirements with the City. Conveniently located near shopping, restaurants, parks, and major highways, this property offers both accessibility and long-term investment potential. Whether you're expanding your rental portfolio or exploring future development opportunities, this Allentown property is worth a closer look!

Features and Additional Information