$290,000
$279,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
127 North 12th Street Allentown City, PA 18102
2,210 SqFt
Key Details
Sold Price $290,000
Property Type Commercial
Sub Type Row-End Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 2,210 sqft
Price per Sqft $131
Subdivision Old Allentn Historic
MLS Listing ID 729882
Sold Date 02/16/24
Year Built 1890
Annual Tax Amount $2,800
Lot Size 1,856 Sqft
Property Description
Unlock the potential of this property as a lucrative investment opportunity in Old Allentown's Historic District! With a versatile layout featuring a 1-bedroom, 1-bath unit on the first floor and a 3-bedroom 2 bath unit on the second and 3rd floor. The second level has the potential to be converted into a 1-bedroom apartment while the level offers the potential or a stylish studio efficiency.
Enhance your returns with the convenience of a two-car garage, equipped with electricity, across from the charming patio. The additional second-floor space above the garage opens up even more possibilities for maximizing your investment. Seize the chance to own a strategically positioned investment property that combines historical charm with income-generating potential with its 8.45% CAP RATE
Location
State PA
County Lehigh
Area Allentown-Central
Interior
Cooling No Air
Exterior
Garage Garage
Garage Spaces 2.0
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Allentown
Others
Financing Cash,Conventional,FHA,VA
Special Listing Condition Not Applicable
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Bought with Coldwell Banker Hearthside
