915-921 W HAMILTON ST $4,950,000

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    915-921 W HAMILTON ST ALLENTOWN, PA 18101

    • 11,158 sq. ft.
    • 0.32 Acres
    • Commercial
    • MLS# PALH2001934
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    Views: 82 Days On Site: 136

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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.

    • 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
    • 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
    • Property Features
      • Lot Size Acres 0.32
      • Lot Size Dimensions 60.75 x 230.00
    • Schools
      • School District ALLENTOWN

    Contact

    Scott Harrington

    Scott Harrington

    Agent

    RS298720

    Coldwell Banker Heritage Emrick

    Direct: 610-428-0277

    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

    $0 Median Sales Price
    0 Homes Sold
    3 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,950,000
        1/13/2022 3:35:00 PM New in Database Source: Multiple Listing Service New Value: $4,950,000

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        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.