101 8Th Street Allentown City 18101 - MLS #

101 8Th Street
Allentown City, PA 18101
$2,294,900.00
7 bedroom(s)
11 bathroom(s)
7335 square feet
0.108 acre(s)
Seller financing available! Location - it doesn't get any better than this!! This investment opportunity consists of 11 fully renovated units (7) Residential Units and (4) Commercial Units. All units have been fully renovated including all the common areas and exterior. All units have electric heat and air conditioning and electric hot water - all units have separate utilities. Each of the 7 Residential Units have Electric Mini-Splits for heating and cooling, 2 Commercial units have Mini Splits, and 2 have Heat Pumps. All exterior and common areas are monitored by security cameras and internet is included w/ all of the tenants rent. Newly installed laundry room in basement features coin operated washer/dryers. Located in the NIZ Improvement Zone and Opportunity Zone and directly in the heart of over 1 Billion Dollars of development. Across the street from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail, Nightlife, and so much more. This property is a must see!
TotalUnits: 
11
TotalRooms: 
Bedrooms: 
7
TotalBedrooms: 
0
TotalBathrooms: 
0
SquareFootage: 
7335
Acres: 
0.11
County: 
Lehigh
Area: 
Allentown-Central
Construction: 
Brick
YearBuilt: 
1900
Stories: 
4.0
Heat: 
0
Cooling: 
Wall AC
HeatType: 
Electric
LotDimensions: 
34 x 140
Parking: 
None,Off Site
ParkingSpaces: 
0
ZoningCode: 
B-2-CENTRAL BUSINESS
UseCode: 
0
SchoolDistrict: 
Allentown
TotalTaxes: 
31980.00
GrossIncome: 
199400
NetIncome: 
129591.00
ListingOfficeName: 
BHHS Regency Real Estate
ListingAgentFullName: 
Andrew A. Ginsburg
ListingOfficeMLSID: 
PRUR
PossibleFinancing: 
Cash,Conventional
PropertyType: 
Investment Property
Efficiencies: 
Electric: 
1500
Gas: 
0
Sewer: 
Public
Water: 
Public
VirtualTourURL: 
Features: 
OtherExpenses: 
0
SpecialConditions: 
Estate/Trust
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