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2312 S 5Th Street

Allentown, PA 18103
  • $895,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: PM-113017
UPDATED: 120 min ago
$895,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,685
    SQFT
  • $77
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

School District:

Description

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.

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Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Stephanie Troiani | RE/MAX of the Poconos. Data last updated 2024-06-20T20:13:54.533.
www.poconocabinsandchalets.com/homes/147908100
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2312 S 5Th Street Allentown, PA 18103

  • Price: $895,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 120 min ago
  • MLS #: PM-113017
0
Beds
0
Baths
0
½ Baths
0.3
Acres
11,685
SQFT
$77
$/SQFT
Neighborhood:
Allentown City
County:
Lehigh
Area:
Allentown City
School District:
Allentown City
Property Description
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.
Exterior Features

Level Multi Loading Dock Drive In Location FreeStnd Parking On-site Road PavedPublic Road Frontage 80 Road Surface Blk-top Road Type City-Rd

Interior Features

Cooling None Doors 1-5Full Heating ElecGas Sq Ft Above Grade 11685.00

Property Features

Current Use CommercialIndustrial Financing CashConventional Foreclosure No Gross Income 91584.00 Includes BusinessBuilding(s) Net Income 67518.00 Possession Immediate Potential Use Apartment(s)Industrial Sewer Public Total Tax 10599.04 Transaction Type For Sale Water Public Zoning R-L

Listing information © 2024 Pocono Mountains Association of Realtors. Courtesy of KW Commercial - Main St: (570) 213-4900.


Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Stephanie Troiani | RE/MAX of the Poconos. Data last updated 2024-06-20T20:13:54.533.
 
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Stephanie Troiani | RE/MAX of the Poconos
1111 N. 5th St
Stroudsburg PA, 18360