443 N 7th St Allentown, PA 18102
Center City NeighborhoodEstimated payment $3,448/month
Highlights
- Brick or Stone Mason
- Heating Available
- 4-minute walk to Stevens Park
About This Home
OPEN HOUSE !!! Saturday 10/11/2025 from 11 am to 1 pm!
PRICE IMPROVEMENT!! LOCATION is key in REAL ESTATE. Take advantage of this amazing investment opportunity, located in the CITY OF ALLENTOWN'S Business District!!! This COMPLETELY RENOVATED 3 level Mixed Use property (commercial/residential) is on the market and it can be yours. For those in the know, the Commercial market in Allentown has taken off. Are you ready to join the movement ? With the rental market continuing to flourish in this sector, it is a sound long term investment. The property is located within the center of Allentown that includes the PPL Center, Newly built luxury condos, coffee shops, trendy hotels , eateries. The building has been completely renovated. The Brick facade of this property has been professionally and meticulously redone. The interior of the store has been well kept by its long term tenant. Get ready to be impressed by the spectacular renovation of the two story apartment. The renovation includes new drywall, fresh paint, flooring , electric, plumbing, heating, crown molding, stair cases, windows, roof, and rear exterior staircase that leads to the backyard. That is not all, the state of the art kitchen and modern bathroom would be appreciated by all savvy investors as well. Welcome to your fully occupied next Real Estate investment, here it is. Income: $48600 ...will increase to $49,200 early next year once the escalating lease goes into affect. The tenants pay ALL utilities.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,903
Year Built
- Built in 1900
Parking
- No Garage
Home Design
- Brick or Stone Mason
Interior Spaces
- 2,580 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Heating Available
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $3,800
- Operating Expense $8,393
- Gross Income $48,600
- Net Operating Income $40,207
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,903 | $116,900 | $15,400 | $101,500 |
| 2024 | $3,903 | $116,900 | $15,400 | $101,500 |
| 2023 | $3,903 | $116,900 | $15,400 | $101,500 |
| 2022 | $3,770 | $116,900 | $101,500 | $15,400 |
| 2021 | $3,697 | $116,900 | $15,400 | $101,500 |
| 2020 | $3,603 | $116,900 | $15,400 | $101,500 |
| 2019 | $3,546 | $116,900 | $15,400 | $101,500 |
| 2018 | $3,295 | $116,900 | $15,400 | $101,500 |
| 2017 | $3,214 | $116,900 | $15,400 | $101,500 |
| 2016 | -- | $116,900 | $15,400 | $101,500 |
| 2015 | -- | $116,900 | $15,400 | $101,500 |
| 2014 | -- | $116,900 | $15,400 | $101,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $589,000 | -7.8% | $228 / Sq Ft |
| 08/22/2025 08/22/25 | Price Changed | $639,000 | -4.5% | $248 / Sq Ft |
| 07/29/2025 07/29/25 | For Sale | $669,000 | -- | $259 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $32,500 | First American Title Ins Co | |
| Deed | $20,000 | -- | |
| Deed | $55,000 | -- | |
| Deed | $45,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $24,000 | Commercial |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 761878
APN: 640702188867-1
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