134 138 7th Allentown, PA 18101

Multi-Family (2-4 Units) MLS #: 729724 Courtesy Of Prudential Regency Real Estate

$2,449,000

17 beds | 12 baths | 2 half baths | 12,214 sq ft
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Est. Property Tax: $10,745
Estimated monthly payments: $11,601/mo.* (recalculate)

Property InformationDescription

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!
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Exterior Type: Brick, Stucco
  • Heating System: Baseboard
  • Lot Size: 0.15 Acres

MAP & DIRECTIONS

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134 138 7th, Allentown, PA 18101
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School Information

134 138 7th, Allentown, PA 18101

Elementary School
Grades PK-5 | Public School
JEFFERSON ELEMENTARY SCHOOL
Allentown, PA 18103
750 Saint John St
484.­765.4421
Distance: 0.6 mi
School Rating
C-
Student:Teacher Ratio
14:1
Total Students
513
Middle School
Grades 6-8 | Public School
SOUTH MOUNTAIN MIDDLE SCHOOL
Allentown, PA 18103
709 W Emaus Ave
484.­765.4301
Distance: 1.7 mi
School Rating
D+
Student:Teacher Ratio
16:1
Total Students
1214
High School
Grades 9-12 | Public School
WILLIAM ALLEN HIGH SCHOOL
Allentown, PA 18104
106 N 17th St
484.­765.5001
Distance: 1.2 mi
School Rating
D-
Student:Teacher Ratio
18:1
Total Students
2650
Other Nearby Schools Distance Type Grades School Rating
Arts Academy Elementary Charter School 0.1 mi Public KG-5 D+
Building 21 Allentown 0.2 mi Public 9-12 D-
Grace Montessori School 0.3 mi Private PK-6
Roberto Clemente Charter School 0.3 mi Public KG-12 C
Lincoln Early Childhood Center 0.4 mi Public PK-5
Central Elementary School 0.5 mi Public 1-5 C+
Mckinley Elementary School 0.6 mi Public 1-5
Cleveland Elementary School 0.7 mi Public 1-5
Harrison-morton Middle School 0.8 mi Public 6-8 D+
Brigadier General Anna Mae Hays Elementary School 0.9 mi Public KG-5
Mercy Special Learning Center 0.9 mi Private PK
Sheridan Elementary School 1.0 mi Public 1-5 C
Roosevelt Elementary School 1.0 mi Public KG-5 C+
Cai Learning Academy 1.1 mi Private KG-5
Washington Elementary School 1.1 mi Public 1-5 C
Ramos Elementary School 1.1 mi Public KG-5 C-
Jackson Early Childhood Center 1.1 mi Public KG
Francis D. Raub Middle School 1.2 mi Public 6-8 F
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Allentown, PA 18101

Median Age: 31.1
Married: 22%
Number of Households: 2,195
Households with Children: 28%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.