960 W Hamilton StAllentown, PA, 18101

Added 9 days ago
$850,000
4 Beds
2 Baths
5,300 SqFt
$160/SqFt
Townhouse
Schools Nearby

Trend Report

Listing Prices for All Homes in Allentown

This Home

$850K

$35K$2.6M

The Median List Price for All homes in Allentown is $155K

Based on homes listed in the last 12 months

See Full Trend Report

Facts and Features

Home Type
Townhouse
Year Built
1900
Heating
Baseboard, Electric
Cooling
Wall Ac
MLS #
654142
Status
Available

Description

DOWNTOWN Allentown holds the most UNIQUE NIZ/OPPORTUNITY ZONE TAX INCENTIVES for investors/developers IN AMERICA, reducing/returning financial liabilities & raising revenues (docs in images). $40,632 GROSS, $36,132 NET, 4.26% CAP RATE @ ASKING. VALUE ADD, 3-UNIT, cash-flowing, fully occupied with LONG term commercial, MIXED MULTI-FAMILY situated on a 5,053SF lot in downtown. Building totals 5,300+SF with 15 paved parking spaces in rear. LOW RENTS - All units have been updated over the years. ALTERNATIVELY - REDEVELOP FOR MAJOR NIZ/OPP ZONE INCENTIVES, e.g., professional offices or hotel. Neighboring DEVELOPER is currently completing a MULTI-MILLION, 5-STORY, 78-unit apartment building at 950-956 West Hamilton (see renderings/images). Property is located .25 miles from PPL event center and the burgeoning Allentown downtown redevelopment. THIS BUILDING IS available with 962 W Hamilton (connected) or available with 20MM+ downtown portfolio. See images for NIZ benefits. MUST SEE MEDIA.

Interior Features

Full Bathrooms: 2
Flooring: Hardwood

Exterior Features

Parking: Paved Lot
Exterior: Brick

Utilities

Heating: Baseboard, Electric
Cooling: Wall Ac

Other

Listing Office: EXP Realty LLC
Originating MLS: Lehigh MLS
MLS Number: 654142
New Construction: No
Directions: 960 Hamilton St. Allentown, PA 18101
Added to Rocket Homes 9 days ago
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  1. Rocket Homes
  2. Pennsylvania
  3. Lehigh County
  4. Allentown
  5. 960 W Hamilton St

This home is located at 960 W Hamilton St in Allentown City, PA and zip code 18101. This 5,300 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2020 and is currently priced at $850,000.The neighbors living near this home have an average income of $13,294.

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