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INVESTORS & BUSINSS OWNERS consider this 3 unit MIXED USE building on Union Blvd at a traffic light intersection with good commercial visibility; per the City daily traffic count 16500 .The building has a 1st floor front office, 1st floor rear 1 bedroom apt tenant occupied,2nd floor 2 bedroom 1.5 bath apartment vacated in 2024, unfinished basement for storage with warm air oil furnace and oil tank . Recent Improvements : 2022: replaced 2 hot water tanks,installed pex piping for hot water tanks, 2023: replaced roof on one story section of building, 2024: replaced commodes in both apts, remodel bath in rear apt and replaced thermostat in rear apt . Painted 2nd floor apt 2025: replaced the warm air oil furnace.This MIXED USE building offers an opportunity for RENTAL INCOME,OWNER OCCUPIED BUSINESS use and/or LONG TERM APPRECIATION . Owners are retiring and have occupied this property for 56 years ! Property sold "as is", inspection for informational purposes only. City of Allentown has inspected the building and there a few minor violations for the buyer to correct . Property is crossed listed under Investment Property MLS: 750054. The gray shed in the rear parking lot belongs to the tenant.
| DAYS ON MARKET | 49 | LAST UPDATED | 4/7/2025 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | Allentown-East |
| COUNTY | Lehigh | STATUS | Pending |
| PROPERTY TYPE(S) | Commercial |
| School District | Allentown |
|---|
| PRICE HISTORY | |
| Prior to Mar 3, '25 | $450,000 |
|---|---|
| Mar 3, '25 - Mar 31, '25 | $395,000 |
| Mar 31, '25 - Today | $380,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Allentown-East |
| CONSTRUCTION | Block, Brick, Stucco |
| LOT | 6011 sq ft |
| LOT DIMENSIONS | 50x120 |
| SEWER | Public Sewer |
| TAXES | 7924.66 |
| WATER | Public |
| ZONING | B3 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Ulans Realty/A R
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