34 Saint Elmo Street, Allentown, PA 18104
sale
$329,000
|
Apartment Building
Courtesy Of Paranee Property Management LLC
THIS WELL MAINTAINED INCOME PRODUCING MULTI USE PROPERTY HAS A LONG TRACK RECORD OF BEING CONTINUALLY LEASED. THERE ARE 2 - 1 BEDROOM APARTMENTS ON THE 2ND FLOOR THAT ARE CURRENTLY LEASED UNDER MARKET VALUE FOR $850.00 PER MONTH. ONE HAS A 10 YEAR PLUS TENANT. BOTH COULD EASILY BE LEASED FOR $1000.00 DOLLARS AND ONE LEASE IS EXPIRING IN 6 MONTHS THE OTHER IS MONTH TO MONTH. THE FIRST FLOOR IS A LARGE COMMERCIAL SPACE THAT IS ANOTHER LONG TERM TENANT. IT IS BEING UTILIZED AS A HAIR AND NAIL SALON AND IS CURRENTLY BEING LEASED FOR $950.00 PER MONTH BUT COULD EASILY COMMAND $1500.00 PER MONTH AND THIS LEASE IS UP ON 5/21. THE BUILDING IS SEPARATELY METERED FOR ELECTRIC AND IS CENTRALLY LOCATED IN THE THRIVING LEHIGH VALLEY WHICH IS CURRENTLY TOP 5 IN THE NATION FOR ECONOMIC GROWTH. IT IS NEAR ALL MAJOR HIGHWAYS AND ROUTES SUCH AS 78,22,309,RT 100. LOCATED RIGHT OFF OF HAMILTON BLVD NEAR CEDAR BEACH AND UNION TERRACE PARK THIS LOCATION IS SERVICED BY A LARGE PRIVATE PARKING LOT
Read More About This Property
Read Less About This Property
Copyright © 2021 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central A/C
- Cooling System: Wall Unit(s) A/C
- Heating Fuel: Electric
- MLSID: 653574
- Roof Type: Unknown
Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$399,900
Commercial
1625 East Susquehanna Street
Allentown City, PA 18103
Building: 6,567 sq. ft.
|
Land: 1.83 Acres
Courtesy Of Berkshire Hathaway HomeServices Fox & Roach, Realtors
sale
$399,000
Commercial
563 West Emaus Avenue
Allentown City, PA 18103
Courtesy Of Berkshire Hathaway HomeServices Fox & Roach, Realtors
sale
$389,000
Commercial, Industrial, Other
1214 West Gordon
Allentown, PA 18102
Building: 7,680 sq. ft.
|
Land: 0.12 Acres
Courtesy Of Iron Valley Real Estate of Lehigh Valley
sale
$375,000
Apartment Building, Commercial, Retail
41 South 9th Street
Allentown, PA 18102
Building: 3,075 sq. ft.
|
Land: 0.05 Acres
Courtesy Of Keller Williams