2312 5Th Street Allentown, PA ^$ 895,000

2312 5Th Street

^$ 895,000

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2312 5Th Street

Allentown, PA, 18103

^$ 895,000

Studio Baths0.0 Sq 11,685

Monthly Estimate*

^$ 5,948

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Studio

Commercial Property for sale in Allentown, PA

for $895,000. This 11,685 square foot building was built on a lot size of 0.303.

This property features a 36-unit storage facility and 3 apartments, conveniently located off bustling South 4th St. 11,685 sqft building! It offers significant potential for rent growth with minimal Capex – our 5x10 units are priced at $85, while nearby facilities charge $113. All 3 renovated residential units are electric (heat and cooking) and individually metered. ~$68k NOI with a significant rent growth opportunity.

Commercial Active

Price

^$ 895,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial

Lot Size

0.303

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

733479

Features

General

Sewer Public

Construction Vinyl

Cooling None

Water Public

Potential Use Apartments Industrial

Parking Spaces 6

County Lehigh

Zoning Code R-L-LOW DENSITY RESIDENTIAL

School District Allentown

* Excluded Features

List By

Robert A. Velez

Listing Agent

Kw Commercial - Stroudsburg

Broker

rvelez@kwcommercial.com

Affordability Calculator

$5,948

Per Month

Monthly Principal & Interest: $5,948
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Allentown, PA

Average List Price ^$397,888

Percent of Sale Price 56%

About Allentown, PA

121,040 Population

13% Since 2002

^$37,889 Median Income

35.22 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

266650 Elementary School

266653 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/24/2024	$895,000		Listed Price

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2312 5Th Street, Allentown, PA, 18103 is a Commercial Property for sale at $895,000 with 11,685 sqft and a lot size of 0.303. 2312 5Th Street is a studio with 0.0 baths. The property's zip code is 18103 which is in Allentown, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS®/ Greater Lehigh Valley Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The information being provided is 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.

Data is updated as of 2/24/2024.

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2312 5Th Street

Commercial Property for sale in Allentown, PA

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