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$750,000

Est. payment - /mo

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5,220 SqFt

Pending

932 W Walnut ST Allentown City, PA 18102

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Addison Wolfe Real Estate

info@addisonwolfe.com +1(215) 862-5500

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Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 5,220 sqft

Price per Sqft $143

MLS Listing ID 766134

Construction Status Unknown

HOA Y/N No

Year Built 1885

Annual Tax Amount $5,276

Lot Size 3,005 Sqft

Acres 0.069

Property Sub-Type Apartment

Property Description

Don't judge a book by its cover—this 5-unit investment in Allentown delivers serious numbers. Now offered at an improved price with a 9.36% cap rate, gross annual income over $84,000, and a clear CO. Two buildings on one deed with separated utilities, new roofs (2021 & 2023), and 4 of 5 units renovated within the last 3 years. Strong cash flow in a desirable, walkable Walnut Street location—an opportunity that's hard to overlook.

Location

State PA

County Lehigh

Area Allentown-Central

Direction From Rt 22 - 145 S - R on Union st onto Jackson. Make a right on walnut. Property on right.

Interior

Heating Electric, Gas

Cooling None

Inclusions Real Estate Only

Fireplace No

Exterior

Parking Features On Street

Water Access Desc Public

Street Surface Concrete

Building

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Allentown

Others

Tax ID 549699924715 1

Special Listing Condition None

Listed by Coldwell Banker Hearthside

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

8

Kratzer Elementary School

Public | KG - 5
5

Muhlenberg Elementary School

Public | KG - 5
5

Western Salisbury Elementary School

Public | KG - 5
5

Hiram W. Dodd Elementary School

Public | KG - 5
4

Lehigh Parkway Elementary School

Public | KG - 5
4

Cleveland Elementary School

Public | 1 - 5
4

Sheridan Elementary School

Public | 1 - 5
4

Lincoln Leadership Academy Charter School

Public | KG - 12
4

Ritter Elementary School

Public | KG - 5
3

Ramos Elementary School

Public | KG - 5
3

Central Elementary School

Public | 1 - 5
3

Jefferson Elementary School

Public | PK - 5
3

Roosevelt Elementary School

Public | KG - 5
2

Union Terrace Elementary School

Public | KG - 5
2

McKinley Elementary School

Public | 1 - 5
2

Washington Elementary School

Public | 1 - 5
2

Mosser Elementary School

Public | PK - 5
0

Lehigh Christian Academy

Private | PK - 8
0

St Thomas More School

Private | KG - 8
0

Jewish Day School of the Lehigh Valley

Private | PK - 8

Middle Schools 6

5

Salisbury Middle School

Public | 6 - 8
5

Roberto Clemente Charter School

Public | 6 - 12
3

South Mountain Middle School

Public | 6 - 8
2

Trexler Middle School

Public | 6 - 8
1

Francis D. Raub Middle School

Public | 6 - 8
1

Harrison-Morton Middle School

Public | 6 - 8

High Schools 4

7

Salisbury Sr High School

Public | 9 - 12
2

Louis E. Dieruff High School

Public | 9 - 12
1

William Allen High School

Public | 9 - 12
0

Allentow Central Catholic High School

Private | 9 - 12

School and business data provided by Attom Data.

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Addison Wolfe Real Estate

+1(215) 862-5500

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932 W Walnut ST Allentown City, PA 18102

Addison Wolfe Real Estate

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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932 W Walnut ST