701 N Jordan St Allentown, PA 18102
Center City NeighborhoodEstimated payment $4,081/month
Total Views
14,336
6
Beds
5
Baths
4,120
Sq Ft
$153
Price per Sq Ft
About This Home
THIS IS THE Mixed Use, COMMERCIAL/Residential multi unit opportunity that you have been waiting for!!! This Five unit property has so much potential . This building has been passed down through several generations and the current owner is looking to retire from this business. The Building 1 BAR/restaurant/2 apartments, and Building 2 minimart/beer distributor / 1 apartment above will be a great opportunity for a savvy investor. The Bar and store are operated by the current owner. The The three spacious apartments above the commercial spaces overlook center city , and have tremendous potential. This property is located walking distance from the ongoing Allentown Water Front project. Just a little advice, invest now and make this part of your investment portfolio today. This may just be the gem that you have been looking for.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,844
Year Built
- Built in 1904
Parking
- No Garage
Home Design
- Mixed Use
- Brick or Stone Mason
Interior Spaces
- 4,120 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Heating Available
Community Details
Overview
- 5 Units
- Jordan Park Subdivision
Building Details
- Electric Expense $2,100
- Fuel Expense $1,245
- Insurance Expense $2,500
- Water Sewer Expense $950
Map
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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 | $7,844 | $247,500 | $10,600 | $236,900 |
| 2024 | $7,844 | $247,500 | $10,600 | $236,900 |
| 2023 | $7,844 | $247,500 | $10,600 | $236,900 |
| 2022 | $7,562 | $247,500 | $236,900 | $10,600 |
| 2021 | $7,407 | $247,500 | $10,600 | $236,900 |
| 2020 | $7,208 | $247,500 | $10,600 | $236,900 |
| 2019 | $7,088 | $247,500 | $10,600 | $236,900 |
| 2018 | $6,644 | $247,500 | $10,600 | $236,900 |
| 2017 | $6,471 | $247,500 | $10,600 | $236,900 |
| 2016 | -- | $247,500 | $10,600 | $236,900 |
| 2015 | -- | $247,500 | $10,600 | $236,900 |
| 2014 | -- | $247,500 | $10,600 | $236,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Price Changed | $630,000 | -3.1% | $153 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $650,000 | -- | $158 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $57,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Similar Homes in Allentown, PA
Source: Greater Lehigh Valley REALTORS®
MLS Number: 757147
APN: 640714779487-1
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