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Buy a multi-family propertyat 1040 West Hamilton Street, Allentown City, PA 18101

$529,900

$0/mo

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Multifamily

3,956 Sq. Ft.

2,004 Sq. Ft. lot

2 Bedrooms

3 Bathrooms

262 Days on market

722013 MLS ID

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About 1040 West Hamilton Street multi-family property

Fantastic Opportunity to Join the Revitalization in the Heart of Downtown Allentown! Entire Block was just enhanced with new sidewalks, street lighting, trees & the addition of the City Center 1010 Apartments! Perfect spot to open a business along the busy corridor with lots of foot traffic & have Tenants offset expenses! 3 Total Units Consisting of 1st Floor Retail or Office Space with 2 1-Bedroom Apartments Above! Total Taxes $5656/Year! Clear Resale Certificate of Occupancy from the City of Allentown! Call Today to Schedule Your Showing!
Fantastic Opportunity to Join the Revitalization in the Heart of Downtown Allentown! Entire Block was just enhanced with new sidewalks, street lighting, trees & the addition of the City Center 1010 Apartments! Perfect spot to open a business along the busy corridor with lots of foot traffic & have Tenants offset expenses! 3 Total Units Consisting of 1st Floor Retail or Office Space with 2 1-Bedroom Apartments Above! Total Taxes $5656/Year! Clear Resale Certificate of Occupancy from the City of Allentown! Call Today to Schedule Your Showing!

Property details

Bathrooms

3 bathrooms

2 full bathrooms

1 half bathroom

Bedrooms

2 bedrooms

Building

3,956 square footage

Built in 1900

3 stories

Brick

Cooling

Central AC

Expenses

Operating expense: $20,773

Water Features

Public

Heating

7963

Home Owner's Association

Lehigh Valley MLS

Income

Gross income: $54,660

Net income: $32,794

Listing

MLNumber: 722013

Listing price: $529,900

Listing date: 2023-08-08 00:00:00

Not Applicable

Location

Area: Allentown-Central

County: Lehigh

Subdivision: Not in Development

Lot

0.046 acres

2,004 square footage

Miscellaneous

Features: Balcony, Fire Escape

Parking

Off Site

Property

Property key: 42077 549689944861 1 1 136676032

Property sub type: Investment Property

Property type: Investment Property

Zoning code: B-2-CENTRAL BUSINESS

Commercial

Mixed Use

Schools

School district: Allentown

Sewer

WaterSewer: 800

Public

Taxes

Total taxes: $5,656

Tax crs pa MUI: 998329732

Utilities

Electric: 360

Monthly cost

Estimated monthly cost

$3,739/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Nov 2, 2023

Price

$452,500

Date

Aug 23, 1985

Price

$85,000

DatePrice
Nov 2, 2023$452,500
Aug 23, 1985$85,000

Schools

This home is within the Allentown City School District.

Allentown enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$498,106

+$15,897

$514,003

Seller agent commission$15,897 (3%)*

$0 (0%)

Buyer agent commission$15,897 (3%)*

$15,897 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $15,897 more selling your home
with an Unreal Estate agent

Start free MLS listing
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State

  • Real Estate for Sale in Pennsylvania

Unreal Estate checked: Aug 8, 2023 at 4:37 p.m.

Data updated: Aug 8, 2023 at 11:41 a.m.

Courtesy of Harvey Z Raad Real Estate (missing listing office phone)
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2024 Greater Lehigh Valley REALTORS®. All Rights Reserved.

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