This 5-unit mixed-use property offers two buildings on a single deed and a diversified income mix just a few blocks from the Allentown Waterfront development already reshaping this corridor. Unit 1 is a bar/restaurant with 2 bathrooms, Unit 2 is a mini mart, Unit 3 is a 1-bedroom/1-bathroom apartment currently owner-occupied and will be delivered at closing, Unit 4 is a 3-bedroom/1-bathroom apartment currently tenanted, and Unit 5 is a 3-bedroom/1-bathroom apartment currently tenanted with water included in the rent. The commercial spaces will be delivered vacant of business operations, giving a new owner a clean slate to operate, re-lease, or explore alternative uses with the city. With five diverse income streams under one deed, the upside potential here is significant for the right investor. Liquor license does not convey and must be obtained separately. This property has been family-owned for generations, the current owner is ready to retire and motivated to close. Do not let this one pass you by.
31 days
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614
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31
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Zillow last checked:
Listing updated:
Listed by:
Zack Nebbaki,
EXP Realty LLC888-397-7352
Source: eXp Realty,MLS#: 779785Originating MLS: Lehigh Valley Mls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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