The Real Estate Company With Real Advantages
915-921 W HAMILTON ST $4,950,000
- 11,158 sq. ft.
- 0.32 Acres
- Commercial
- MLS# PALH2001934
Listing provided courtesy of: Century 21 Keim Realtors
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Property Details
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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General Features
- County LEHIGH
- Municipality ALLENTOWN CITY
- New Construction Y/N N
- Sale Type Standard
- Tax Annual Amount 27772.00
- Tax Year 2022
- Water Access Y/N N
- Waterfront Y/N N
- Year Built 1900
- Zoning B-2
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Building Features
- Building Total SqFt 11158.00
- Building Units Total 21
- Business Type Apartment Building, Medical
- Cooling Fuel Natural Gas
- Cooling Type Central A/C, Wall Unit
- Garage Y/N N
- Heating Fuel Natural Gas
- Heating Type Hot Water
- Roof Flat
- Sewer Septic Public Sewer
- Total Garage And Parking Spaces 40
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Property Features
- Lot Size Acres 0.32
- Lot Size Dimensions 60.75 x 230.00
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Schools
- School District ALLENTOWN
Neighborhood
18101 (ALLENTOWN) Demographics
31 Median Age
13,444 Population Density (per sq. mile)
16% College Educated
$26,326 Estimated Median Income
166 Estimated Total Home Owners
1,539 Estimated Total Renters
10% / 90% Estimated Owner / Renter Divide
3 Estimated Average Household Size
4,720 Total Population
Community data courtesy of LiveBy, Inc.
Market Last 30 Days In This Postal Code
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Median Sales Price
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Homes Sold
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New On Market
Average Days on Site
Properties for Sale
Calculations provided by Reliance Network
Property History
| Date | Price |
|---|---|
| -- | New Value: $4,950,000 |
| 1/13/2022 3:35:00 PM | New Value: $4,950,000 |
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* This payment calculator is intended for educational and planning purposes only.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright
2022 BRIGHT MLS – All Rights Reserved.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.