Price
$ 950,000
$ est. monthly payment
41 45 North 9Th Street, Allentown, PA 18101  
  • 8 beds
  • 5 baths
  • 5,881 sqft

41 45 North 9Th Street, Allentown, PA 18101  

10 UNIT MIXED USE INVESTMENT PROPERTY ~ COMPLETELY REMODELED ~ 5 COMMERCIAL UNITS AND 5 RESIDENTIAL UNITS ~ 100% OCCUPIED WITH LEASES ~ LOCATED AT A HIGH TRAFFIC LIT INTERSECTION IN DOWNTOWN ALLENTOWN ~ $104K+ GROSS ANNUAL INCOME ~ 7.35% CAP RATE WITH RESERVES TAKEN OUT FOR CURRENT MAINTENANCE, MANAGEMENT, VACANCIES AND FUTURE REPLACEMENT RESERVES ~ TENANTS PAY ALL UTILITIES EXCEPT WATER AND SEWER. Welcome to the 9th St Commons! A fully remodeled 10 unit mixed use property in the heart of downtown Allentown. Property is comprised of 3 buildings located at a high traffic lit intersection. Property grosses 104k+ per year and it is a 7.35% cap with all reserves taken out. Click on the video for a video tour of the property. Contact listing agent for detailed income and expenses and call today for a private showing!

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  • Listing Type Multi-Family
  • Listing ID 611753
  • Bedrooms 8
  • Bathrooms 5
  • House Size 5,881 sqft
  • Listing Status Active
  • Year Built 1900
  • County Lehigh
  • Full Bath 5
  • Subdivision Not In Development
  • Units 10
  • County School District Allentown
  • Zoning B-2 Central Business
  • Taxes 14583.41
Listing courtesy of Emerald Realty Group

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