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Location! Great opportunity to be part of the downtown Allentown revitalization and own a property in the NIZ (Neighborhood Improvement Zone). This opportunity which includes both 623 and 625 Hamilton Street is just steps from the new PPL Arena and surrounded by over 1 Billion Dollars of new development. The rear of the property backs up directly onto the new Arts Walk. Owner has approved plans to add 8 Units to the upper floors. Owner has secured national tenant for 1 of the 4 potential commercial spaces on first floor. National tenant paying $3000/Month. Don't miss the prime re-developemnt opportunity. This property is a must see!
| DAYS ON MARKET | 297 | LAST UPDATED | 2/3/2024 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1900 |
| COMMUNITY | Allentown-Central | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Allentown |
|---|
| PRICE HISTORY | |
| Prior to Feb 3, '24 | $849,900 |
|---|---|
| Feb 3, '24 - Today | $799,900 |
| ADDITIONAL DETAILS | |
| AREA | Allentown-Central |
|---|---|
| CONSTRUCTION | Stucco |
| LOT | 6534 sq ft |
| LOT DIMENSIONS | 30 x 150 |
| SEWER | Public Sewer |
| SUBDIVISION | Not in Development |
| TAXES | 11469.55 |
| WATER | Public |
| ZONING | B-2-CENTRAL BUSINESS |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
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*Estimate only
Listed with BHHS Regency Real Estate
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