915 W Hamilton St, Allentown, PA 18101

$7,500,000

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Listing courtesy of Century 21 Keim Realtors. Contact: 6103950393

List Price
$7,500,000
Price Change
▲ $2,550,000 1761337420
Days on Market
461
Status
ACTIVE
MLS#
PALH2012254
Lot Size (Acres)
0.32
Year Built
1900
County
Lehigh
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.

Additional Information

Area
Allentown City (12302)
Taxes
$38863
School District
Allentown
View
City
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
Central A/C, Wall Unit
Roof
Flat
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks