Investment Opportunity! 50% occupied building with 1st floor commercial space vacant. Zoned R-HD and could be redeveloped. The first floor unit was recently renovated and refreshed including access to the basement for $1,500 per month. The second and third floor is leased for $1,400 per month and includes a full bathroom. Also included in this sale is the separate parcel known as 1451 Hamilton St 20 car parking lot. The 2nd floor has oil heat and central air while the 1st floor has an electric heat pump with central air. Conveniently located in downtown Allentown with a bus stop right out front. Owner has updated the building and most photos are shown from before the tenant moved in. The other half 1447 is also for sale if you want to buy the package to redevelop this corner lot. Renting parking is possible for additional income. Sale is subject to lease in place.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
