438 N 7th Street, Allentown, PA 18102
sale
$502,000
|
Other
Courtesy Of Keller Williams Real Estate
Value-Add Mixed-Use Opportunity - Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. - Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage-ideal for an owner-occupant or to maximize rental income. - Unit 2: One-bedroom studio apartment, perfect for consistent rental income. - Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.
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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Cooling System: Ceiling Fan(s)
- Exterior Type: Brick
- Floors: 3
- Heating System: Baseboard
- Legal Description: Property Address: 0438 N 7th St /Tile Number: 475912D/School District: Allentown School District /Family Rooms: 0
- MLSID: PM-134720
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