500 W Gordon St, Allentown, PA 18102

$530,000
4,220
SqFt

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List Price
$530,000
Price Change
▼ $45,000 1783447596
MLS#
777896
Status
ACTIVE
City
Allentown
Area
Allentown-Central
County
Lehigh
Living Area
4,220
Lot Size
2,744
Year Built
1900

Property Description

Excellent investment opportunity! Mixed-use corner property featuring a well-established, operating pizzeria/restaurant on the first floor with excellent visibility and exposure. The residential portion includes two apartments. The first unit is a 1-bedroom apartment with two levels. The second unit is a well-maintained 3-bedroom apartment featuring hardwood floors, an updated tile bathroom, and ample living space. The property offers separate utilities for the commercial space and each residential unit, making management efficient and expenses easy to track. A large basement provides abundant storage space for both the business and tenants. Prime corner location with strong street presence, convenient access to major routes ,walking distance to the hospital, and local amenities. An ideal opportunity for investors seeking multiple income streams from both commercial and residential tenants.

Additional Information

Acres
0.06
Cooling
Window/Wall
Living Area
4,220
Lot Size
2,744
Region
Allentown-Central
School District
Allentown
Taxes
$5,886
Zoning
R-MH

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Listing courtesy of Century 21 Ramos Realty.

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