138 North 7th Street
$2,449,000
17
12
2
12,214
12,214
$201
Description
Property sold with Clear CO! Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 15 Units - 12 Residential Units and 3 commercial spaces. Because of its proximity to the new Downtown development this property is a great opportunity for a developer to demo/repurpose the building or renovate what’s existing and raise rents. All units have room to renovate and raise rents making it a great value add opportunity. All units have...Property sold with Clear CO! Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 15 Units - 12 Residential Units and 3 commercial spaces. Because of its proximity to the new Downtown development this property is a great opportunity for a developer to demo/repurpose the building or renovate what’s existing and raise rents. All units have room to renovate and raise rents making it a great value add opportunity. All units have electric heat and hot water and electric ranges - all units have separate utilities. The property has frontage facing 7th Street and which is the main arteries into downtown Allentown. Located steps from the new downtown development which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. 134 - 138 N. 7th Street is an excellent long term value add opportunity in the most up and coming area in Allentown. This property is a must see!
- Listed by Andrew A. Ginsburg • BHHS Regency Real Estate
- Listed by Kristine McCreary-Williams • Full CircleRealty&PropertyMgmt
Property Details for 138 North 7th Street
Area
Allentown-Central
Sub divisionNot in Development
LISTING UPDATED: 04/13/2024 11:12 PM
Property Details for 138 North 7th Street
Status | Available |
---|---|
MLS # | 729724 |
Days on Market | 364 |
Taxes | $10,745 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Apartment Style |
Year Built | 1900 |
County | Lehigh County |
Building Information for 138 North 7th Street
Building/Complex138 N 7th StFloor-Stories3Residences15Pet Policy-Year Built1900Building Size-
Property Information for 138 North 7th Street
Property History for 138 North 7th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 138 North 7th Street
Taxable ValueLand$12,600Additions$153,400Total$166,000
Tax Record2024$5,366 ($447 / month)
Home Facts
Total Finished SqFt5,780 SqFtAbove Grade Finished SqFt5,780 SqFtStories4Lot Size1,802 SqFtStyleStoresYear Built1900ZoningB-2CountyLEHIGHAPN640701623534-1
Schools near 138 North 7th Street
This home is within Allentown City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Central El School PublicK to 5 | ||
Francis D Raub Middle School Public6 to 8 | ||
William Allen High School Public9 to 12 | ||
Building 21 Allentown Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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