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    915 W Hamilton Street

    Allentown City, PA 18101
    • $5,000,000
    • STATUS: Available
    • ON SITE: 15 days
    • ID#: 654387
    UPDATED: 25 min ago
    $5,000,000
    • 17
      BEDS
    • 0.32
      ACRES
    • 17
      BATHS
    • 4
      1/2 BATHS
    • 18,124
      SQFT
    • $276
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    DOWNTOWN Allentown holds the most UNIQUE NIZ/OPPORTUNITY ZONE TAX INCENTIVES for investors/developers IN USA (docs in images) $289,740 GROSS, $219,877 NET INCOME, 4.4% CAP @ ASKING. The offering includes all 4 parcels w/ 5 cash-flowing buildings sitting on .47 acres including over 27,000SF of leasable space divided as 17 res & 4 com storefronts totaling a 21 unit portfolio. EXTREME VALUE ADD & located next to the most iconic building in Allentown. ALTERNATIVELY - REDEVELOP FOR MAJOR NIZ/OPP ZONE INCENTIVES, e.g., professional offices or hotel. See renderings for an 11-story 300-unit redevelopment project utilized for hotel/retail/office including underground parking & rooftop pool. Neighboring DEVELOPERS completing over $200MM in construction for over 600 units in NIZ zone (see renderings/images). Also available - neighboring 911 W Hamilton or entire 20MM+ downtown NIZ portfolio (see map). See images for NIZ benefits.

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    © 2020 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-12-04T23:12:57.177.
    www.seeinsidethehouse.com/homes/112054044
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    915 W Hamilton Street Allentown City, PA 18101

    • Price: $5,000,000
    • Status: Available
    • Updated: 25 min ago
    • ID#: 654387
    17
    Beds
    17
    Baths
    4
    ½ Baths
    0.32
    Acres
    18,124
    SQFT
    $276
    $/SQFT
    1900
    Built
    Neighborhood:
    Not In Development
    County:
    Lehigh
    Area:
    Allentown-Central
    School District:
    Allentown
    Property Description
    DOWNTOWN Allentown holds the most UNIQUE NIZ/OPPORTUNITY ZONE TAX INCENTIVES for investors/developers IN USA (docs in images) $289,740 GROSS, $219,877 NET INCOME, 4.4% CAP @ ASKING. The offering includes all 4 parcels w/ 5 cash-flowing buildings sitting on .47 acres including over 27,000SF of leasable space divided as 17 res & 4 com storefronts totaling a 21 unit portfolio. EXTREME VALUE ADD & located next to the most iconic building in Allentown. ALTERNATIVELY - REDEVELOP FOR MAJOR NIZ/OPP ZONE INCENTIVES, e.g., professional offices or hotel. See renderings for an 11-story 300-unit redevelopment project utilized for hotel/retail/office including underground parking & rooftop pool. Neighboring DEVELOPERS completing over $200MM in construction for over 600 units in NIZ zone (see renderings/images). Also available - neighboring 911 W Hamilton or entire 20MM+ downtown NIZ portfolio (see map). See images for NIZ benefits.
    Exterior Features

    Construction Brick Parking Paved Lot Parking Spaces 40

    Interior Features

    Cooling Wall Ac Heat Type BaseboardGas

    Property Features

    Cross Street Address N 9th Electric 2500 Gas 0 Gross Income 289740 Heat 0 Lot Size Source Tax Records Net Income 219877 Operating Expense 69863 Other Expenses 2000 Possible Financing CashConventional Property Sub Type Category Apartment StyleCommercialMixed Use Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 38863.35 Water Public Water Sewer 4500 Zoning Code B-2-Central Business

    Listing provided courtesy of Exp Realty Llc.


    © 2020 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2020-12-04T23:12:57.177.
     
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    Clinton NJ, 08809