211 West Turner Street new

Allentown City,PA 18101

$ 1000000

8 Beds

5 Baths

- SqFt


Key Details

Property Type Condo, Commercial, Multi-Family

Sub Type Apartment Style,Commercial,Duplex/Both Halves

Listing Status Active

Purchase Type For Sale

Subdivision Fountain Park

MLS Listing ID 749573

Bedrooms 8

Full Baths 5

Year Built 1912

Annual Tax Amount $8,252

Property Description

Welcome to W Turner St, these two buildings have been recently approved for new additional units to be built along with 4 newly renovated cash flowing apartments currently occupied. There are four apartments in 207-209, three apartments are a 2 bedroom with one bathroom, the fourth apartment is a 2 bedroom with 2 full bathrooms. The units on 207 have larger exterior balconies while the two apartment son 209 have smaller, standing room only balconies. The city has approved an additional 5th apartment for the ground floor of 207-209 along with a laundry room for all tenants to utilize (we planned on coin operated laundry). The building next door is also a part of the property (2 buildings on one deed and one water line), and the city has approved this building for conversion into a side by side duplex, each unit will be a 2 bedroom one bathroom. The existing 4 apartments have mini split units for max efficiency with heating and cooling, 3 heads per apartment. There is no gas in the buildings, everything to operate off electricity. There have been extensive renovations to the building in recent years and now the final phase is ready to begin. All of the leg work has been completed with the city zoning departments and engineering plans, the construction is ready to begin. When the three new units are built out, you will have a portfolio addition of 7 doors, 4 of which are already operating.

Location

State PA

County Lehigh

Area Allentown-Central

Interior

Cooling Central AC

Exterior

Garage Spaces 11.0

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Allentown

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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