222 S 15th St, Allentown, PA 18102
- $2,100,000
- 20
- BD
- 15
- BA
- 10,878
- SqFt
- List Price
- $2,100,000
- Price Change
- ▼ $295,000 1775606050
- MLS#
- 770573
- Status
- PENDING
- City
- Allentown
- Area
- Allentown-West
- County
- Lehigh
- Neighborhood
- Not In Development
- Bedrooms
- 20
- Bathrooms
- 15
- Living Area
- 10,878
- Lot Size
- 4,800
Property Description
Exceptional opportunity to acquire a 15-unit apartment building in Allentown. This brick, 3-story apartment-style property features a strong unit mix of 1,2 bedroom and efficiency apartments, providing immediate cash flow. The property is serviced by public water and sewer, offers gas heat, and individual units include oven/range and refrigerator. Located near downtown Allentown, public transportation, entertainment, dining, and shopping, ensuring consistent rental demand. Well-maintained asset with long-term tenants and upside potential through rent optimization. Ideal for investors seeking a stable, income-producing multifamily property in a growing urban market. 48-hour notice required for showings. Landlord pays gas heat, hot water, water/sewer, trash. Tenant pays gas cooking and electric. Each unit has separate meters for electric and gas cooking
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Additional Information
- Acres
- 0.11
- Cooling
- Window/Wall
- Living Area
- 10,878
- Lot Size
- 4,800
- Region
- Allentown-West
- School District
- Allentown
- Sewer
- Public Sewer
- Stories
- 3
- Taxes
- $18,378
- Zoning
- RM
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Listing courtesy of Rudy Amelio Real Estate.
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