$639,000
$30K PRICE DROP

Estimated payment $3,800/month

Total Views 24,147
2 Beds
2 Baths
2,580 Sq Ft
$248 Price per Sq Ft

Highlights

  • Brick or Stone Mason
  • Heating Available
  • 4-minute walk to Stevens Park

About This Home

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 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 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, flooring , electric, plumbing, heating, crown molding, stair cases, windows, roof, and rear exterior staircase. 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.

Listing Agent

Felix Figueroa

BHHS Fox & Roach - Allentown Listed on: 07/28/2025

BHHS Fox & Roach - Allentown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,903

Year Built

  • Built in 1900

Parking

  • No Garage

Home Design

  • Mixed Use
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,903

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Stories: 3
  • Year Built: 1900
  • LotSizeAcres: 0.051
  • Lot Size: 20 X 120
  • Co List Office Mls Id: PTWT01
  • Subdivision Name: Not in Development
  • Year Built Details: Unknown
  • PropertySubTypeAdditional: Mixed Use,Commercial
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 2580.0
  • Stories: 3

Exterior Features

  • Construction Type: Brick
  • Property Condition: Unknown

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Wall Unit(s), Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 8393.0

Schools

  • Junior High Dist: Allentown

Lot Info

  • Lot Size Sq Ft: 2222.0
  • Zoning: B1/R

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 3800.0
  • Property Net Operating Income: 40207.0

Tax Info

  • Tax Annual Amount: 3903.32

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
Source: Greater Lehigh Valley REALTORS®

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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,860 Future Advance Clause Open End Mortgage
Closed $60,000 Future Advance Clause Open End Mortgage
Closed $19,054 Future Advance Clause Open End Mortgage
Closed $24,000 Commercial
Source: Public Records

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Source: Greater Lehigh Valley REALTORS®

MLS Number: 761878

Greater Lehigh Valley REALTORS®

APN: 640702188867-1