Allentown PA Real Estate & Commercial for Sale

$108,000 Gross Income, $90,679 Net Income, 8.2% Cap. These prideful owners have invested hundreds of thousands to completely renovate this fully occupied, cash-flowing, turnkey, 6-unit, garden-style apartment building. All 6 units have been FULLY updated from top to bottom with fresh paint, new flooring, new energy-efficient windows, newly tiled bathrooms, and all-new kitchens. Each unit has a massive floorplan, tons of sunlight, and are all 2BR, 1BA. The building features ALL-BRICK construction has had a total facelift including a facade and has a very well-maintained roof. Tenants pay all utilities and include reimbursement of $40/mo. per unit for water/sewer. These are great tenants, have been there for over a year and treat their apartments beautifully. ALL Leases are $1500 with room to grow. It is rare to find this type of property in downtown as many properties have been purchased by out-of-state (NYC) investors. Located in downtown Allentown, next to the city center, and within walking distance of all attractions, restaurants, sports games, and near all interstates. The ownership group is listing over 25 multi-family units available in addition to this property. *Seller is a licensed real estate agent. *** PROJECTIONS are over $118,000 with slightly higher rents***

$79,200 Gross Income, $64,033 Net Income, 8.5% Cap. Now will have a clear CO for sale from Allentown--nothing to do! These prideful owners have invested hundreds of thousands to modernize this 5-unit garden-style apartment building. All 5 units have been FULLY RENOVATED from top to bottom with fresh paint, new HARDWOOD flooring, energy-efficient windows, newly tiled bathrooms, and all-new kitchens with GRANITE countertops, & DISHWASHERS. The building features ALL-BRICK construction and has a well-maintained roof. The property is fully occupied with tenants paying all utilities . These are great tenants, have been there for over a year and treat their apartments beautifully. Rare to find this type of property so close to the city center, in downtown with many properties being purchased by out-of-state (NYC) investors. Located in downtown Allentown, next to the city center, and within walking distance of all attractions, restaurants, sports games, and near all interstates. Owners are in the process of installing coin-operated washers/dryers which create additional revenue. The ownership group is listing over 25 multi-family units available in addition to this property. *Seller is a licensed real estate agent. ** PROJECTIONS are over $85,000 with slightly higher rents***

A perfect opportunity to own a piece of Allentownâs rich history with the exceptional Max Hess building! This grand & prestigious building could be the perfect space to accommodate your distinguished growing business. Featuring up to 15 office spaces, 2 magnificent conference rooms, 2 beautifully restored ornate bathrooms, & 2 others to accommodate each floor. Throughout the building, youâll find stunning architectural details including, ornate wood accents & built-ins, 10 ft ceilings, impressive 12 inch crown molding, tiger oak hardwood floors. A grand wood staircase with stained glass windows adds to the buildingâs unique character. With long-term tenants in place, this is also the perfect investment opportunity. Ideally located by the PPL Center in the growing Downtown Allentown Neighborhood Improvement Zone (NIZ), & the vibrant arts & cultural center. This building is a remarkable choice for your business venture.