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Listed by Robert A Velez • KW Commercial - Main St
$795,000
Est. payment /mo
11,685 SqFt
UPDATED:
12/10/2024 03:37 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,685 sqft
Price per Sqft $68
MLS Listing ID PM-113017
Annual Tax Amount $10,599
Lot Size 0.300 Acres
Property Description
This property features a 36-unit storage facility and 3 apartments, conveniently located off bustling South 4th St. 11,685 sqft building! It offers significant potential for rent growth with minimal Capex - our 5x10 units are priced at $85, while nearby facilities charge $113. All 3 renovated residential units are electric (heat and cooking) and individually metered. ~$68k NOI with a significant rent growth opportunity.
Location
State PA
County Lehigh
Area Allentown City
Building
Sewer Public
Water Public
Schools
School District Allentown City
Others
Financing Cash,Conventional
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Andie Katz
Associate Broker | REALTOR® | License ID: AB069370
Associate Broker | REALTOR® License ID: AB069370