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This prime corner lot in revitalizing Center City Allentown, measuring 1,542 sq ft, presents a fantastic opportunity for investors and homeowners alike. Located in a city undergoing significant growth and transformation, this versatile lot offers numerous development possibilities. For investors, it's an ideal spot for residential or rental development in a high-demand market. There is also space to include a parking garage or pad, a valuable feature in city living. For those looking to build a custom home, the lot provides ample room to design your perfect space while enjoying the perks of urban living. Additionally, with the proper zoning approvals, the lot can be developed into rentable parking spaces or even a multi-unit home, providing passive income in a highly sought-after area. Located near the PPL Center and Allentown Art Museum, the lot is conveniently close to major highways such as I-78 and Route 22, making it ideal for commuters to NYC, Philadelphia, and the greater Lehigh Valley. The nearby Lehigh Valley International Airport also offers easy travel access. As Allentown continues its revitalization, this property represents a unique chance to invest in a thriving, up-and-coming community with rising property values. Whether you're an investor or a homeowner, this lot offers endless potential in the heart of Allentown's booming Center City.
DAYS ON MARKET | 36 | LAST UPDATED | 9/26/2024 |
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TRACT | Jordan Park | YEAR BUILT | 0 |
COMMUNITY | Allentown-Central | COUNTY | Lehigh |
STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
School District | Allentown |
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ADDITIONAL DETAILS | |
AREA | Allentown-Central |
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LOT | 1525 sq ft |
LOT DESCRIPTION | Cleared, Corner Lot, Level, Sloped |
SEWER | Public Sewer |
SUBDIVISION | Jordan Park |
TAXES | 235 |
UTILITIES | Natural Gas Available |
VIEW | Yes |
VIEW DESCRIPTION | City |
WATER | Public |
ZONING | R-MH-Medium High Density Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Acre and Estate
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