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915-921 W Hamilton Street

ALLENTOWN, PA 18101
  • $4,950,000
  • STATUS: Active
  • ON SITE: 779 Days
  • ID#: PALH2001934
UPDATED: 120 min ago
$4,950,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

5 Buildings make up the nearly half-acre corner of Hamilton and Fountain in the same block as PPL Tower. Located in the incredible tax opportunity zone of the NIZ, this site is perfect for a major redevelopment project. Renderings are available for a major 11 story 300-unit hotel on this site with underground parking, or an office building or a mixed-use project. The property currently has 21 units incl 4 storefronts and 17 residential units with a Gross Income of $269,700, although it could be significantly higher and an NOI of over $200,000.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-02T23:51:29.82.
www.mcclainwilliamson.com/homes/124723159
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915-921 W Hamilton Street ALLENTOWN, PA 18101

  • Price: $4,950,000
  • Status: Active
  • On Site: 779 Days
  • Updated: 120 min ago
  • ID#: PALH2001934
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1900
Built
Neighborhood:
Allentown City (12302)
County:
Lehigh
Area:
Allentown City (12302)
School District:
Allentown
Property Description
5 Buildings make up the nearly half-acre corner of Hamilton and Fountain in the same block as PPL Tower. Located in the incredible tax opportunity zone of the NIZ, this site is perfect for a major redevelopment project. Renderings are available for a major 11 story 300-unit hotel on this site with underground parking, or an office building or a mixed-use project. The property currently has 21 units incl 4 storefronts and 17 residential units with a Gross Income of $269,700, although it could be significantly higher and an NOI of over $200,000.
Exterior Features

Construction Materials BrickMasonry Garage YN No Parking Types Parking Lot Riparian Rights YN No Roof Flat View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 11158.00 Cooling Central A/CWall Unit Heating Hot Water Heating YN Yes Net Square Feet 18124.00

Property Features

Acceptable Financing CashConventional Accessibility Features Elevator Assessment Year 2023 Business Type Apartment BuildingConvenience Store/GasMedicalOther/General RetailProfessional Central Air YN Yes Cooling Fuel Natural Gas Gross Income 289740.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality ALLENTOWN CITY Navigable Water YN N Net Operating Income 219877.00 New Construction YN No Number Of Units Total 21 Original MLSNumber 801284697560 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 28755.00 Tax Assessment Amount 862200.00 Tax Lot 005 Vacation Rental YN No Water Source Public Zoning B-2

Listing courtesy of Century 21 Keim Realtors: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-02T23:51:29.82.
 
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