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25821280
25821279

438 N 7th St, Allentown, PA 18102

AC
PA RS324477
KW Keller Williams Real Estate
Listed by KW Keller Williams Real Estate
$480,000
300 days on market
Updated 34 days ago
Opportunity zone

Value-Add Mixed-Use Opportunity

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, retail
Square Footage 2,878
Units 3
NOI $44,320
Year Built 1843
Year Renovated 2020
Stories 3
Zoning B1/R
Parking Spaces 3 per unit
Investment Type Value Add

Mixed Use | 2,878 SqFt

Marketing description

Value-Add Mixed-Use Opportunity – Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. • Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage—ideal for an owner-occupant or to maximize rental income. • Unit 2: One-bedroom studio apartment, perfect for consistent rental income. • Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.

Listing Contacts

AC
PA RS324477
KW Keller Williams Real Estate
Listed by KW Keller Williams Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,320.00
$3,693.33/mo

Valuation Metrics

0
DSCR
9.23%
Cap Rate
9.23%
ROI

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Additional Information

Name
Ayon A Codner
License
RS324477
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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