Allentown, PA 18109,1701-1703 HANOVER AVE
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Allentown, PA 18109,1701-1703 HANOVER AVE
Allentown, PA 18109,1701-1703 HANOVER AVE
Allentown, PA 18109,1701-1703 HANOVER AVE
Allentown, PA 18109,1701-1703 HANOVER AVE

$500,000

Est. payment /mo

$499,900

Est.Price: ?

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1701-1703 HANOVER AVE Allentown, PA 18109

3,975 SqFt

SOLD DATE : 09/06/2024

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,975 sqft

Price per Sqft $125

MLS Listing ID PALH2009584

Year Built 1925

Annual Tax Amount $9,637

Tax Year 2022

Lot Size 5,182 Sqft

Property Description

Attention Investors! Presenting a prime investment opportunity: a 6-unit detached brick building located on the east side of Allentown, just steps away from shopping, dining, a gym, and public transportation. This three-story building features two one-bedroom apartments and four two-bedroom apartments. Five units are currently occupied, with the sixth unit gutted and ready for customization. The landlord covers water, sewer, trash, and heat, while tenants pay for their own electricity. Key features include a freestanding corner brick building, fire escapes for safety, storage units for each apartment, and wide and spacious stairwells and hallways. Don’t miss out on this fantastic investment opportunity!

Location

State PA

County Lehigh

Area Allentown City (12302)

Zoning B-3

Interior

Hot Water Natural Gas

Heating Hot Water, Steam

Cooling None

Exterior

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Allentown

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jonathan Campbell • Real of Pennsylvania
Bought with NON MEMBER • Non Subscribing Office

Jason Gareau

Broker

+1(609) 929-4486

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