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Buy a multi-family propertyat 1329 Hamilton Street, Allentown City, PA 18102

$500,000

$520,000 (-3.85%)

$0/mo

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Multifamily

3,727 Sq. Ft.

10,454 Sq. Ft. lot

0 Bathrooms

335 Days on market

718254 MLS ID

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About 1329 Hamilton Street multi-family property

Time in the market beats timing the market. - Ken Fisher. This Beautiful Victorian professional building can suit a multitude of purposes. Location is central to everything in Allentown. Invest in this attractive building for your business, or as an investment property. The gross income from the current tenant is 52,800 and the occupant pays all utilities and snow / grass / maintenance. Charming inside and out, enjoy the stained glass windows and ornate woodworking and parquet floors. Just a few of the potential uses are office, rehabilitation, medical. The building is on a large corner lot with off-street parking for 12 cars. New roof and siding! Schedule your appointment now before this opportunity slips by! You asked for an 8% CAP, here it is!
Time in the market beats timing the market. - Ken Fisher. This Beautiful Victorian professional building can suit a multitude of purposes. Location is central to everything in Allentown. Invest in this attractive building for your business, or as an investment property. The gross income from the current tenant is 52,800 and the occupant pays all utilities and snow / grass / maintenance. Charming inside and out, enjoy the stained glass windows and ornate woodworking and parquet floors. Just a few of the potential uses are office, rehabilitation, medical. The building is on a large corner lot with off-street parking for 12 cars. New roof and siding! Schedule your appointment now before this opportunity slips by! You asked for an 8% CAP, here it is!

Property details

Building

3,727 square footage

Built in 1890

2 stories

Vinyl

Cooling

Central AC

Expenses

Operating expense: $10,844

Water Features

Public

Home Owner's Association

Lehigh Valley MLS

Income

Gross income: $52,800

Net income: $41,956

Listing

MLNumber: 718254

Listing price: $500,000

Listing date: 2023-05-31 00:00:00

Not Applicable

Location

Area: Allentown-Central

County: Lehigh

Subdivision: Not in Development

Lot

0.24 acres

10,454 square footage

Parking

12 spaces

Paved Lot

Property

Property sub type: Investment Property

Property type: Investment Property

Zoning code: B1/R

Detached

Schools

School district: Allentown

Sewer

Public

Taxes

Total taxes: $7,129

Tax crs pa MUI: 998328797

Monthly cost

Estimated monthly cost

$3,528/mo

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

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$470,000

+$15,000

$485,000

Seller agent commission$15,000 (3%)*

$0 (0%)

Buyer agent commission$15,000 (3%)*

$15,000 (3%)*

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

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with an Unreal Estate agent

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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 3, 2023 at 3:41 p.m.

Courtesy of IronValley RE of Lehigh Valley (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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