948 Front StAllentown, PA, 18102

Added 3 days ago
$499,000
2.73 Acres
Land
Schools Nearby

Trend Report

Listing Prices for All Homes in Allentown

This Home

$499K

$37.9K$2.6M

The Median List Price for All homes in Allentown is $153K

Based on homes listed in the last 12 months

See Full Trend Report

Facts and Features

MLS #
644755

Description

Approved Apartment Subdivision - This is a great opportunity to own an approved 29 apartment subdivision, close to the new riverfront redevelopment and just north of American Parkway. The site has all City of Allentown approvals in place (with exception to final building permits to the best of seller's knowledge). Plan available on request. Build out and sell or build them as rentals. As a rental, 29 Total Units made up of 14 1-bedroom units estimated at $1100 per month rent and 15 2-bedroom units estimated at $1400 per moth rent would bring in a Gross Income of $436,800 per year. Buyer is to be responsible for NPDES.

Interior Features

Exterior Features

Directions: From 22 take Fullerton Ave exit, R on Fullerton Ave (which turns into N Front St), R into driveway after Kohut Funeral Home building.
Frontage: City Road

Utilities

Other

Listing Office: CENTURY 21 Keim Realtors
Originating MLS: Lehigh MLS
MLS Number: 644755
New Construction: No
Added to Rocket Homes 3 days ago
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  1. Rocket Homes
  2. Pennsylvania
  3. Lehigh County
  4. Allentown
  5. 948 Front St

This home is located at 948 Front St in Allentown City, PA and zip code 18102. This home sits on a 118,701 square foot lot. It has been listed on Rocket Homes since July 31, 2020 and is currently priced at $499,000. The neighbors living near this home have an average income of $24,370.

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