247 N 10th St, Allentown, PA 18102

Property Description

Exceptional mixed-use investment opportunity in the heart of Allentown! This fully occupied, income-producing corner property features a first-floor commercial church space and four residential apartments across the upper levels, providing multiple income streams and strong long-term investment potential. The commercial unit occupies the main level and features a large open gathering area with stage, seating capacity, updated lighting, and restroom facilities. The highly visible corner location offers excellent exposure and accessibility for a variety of future commercial or community-oriented uses. The second and third floors consist of four residential apartments with a mix of updated finishes, including renovated kitchens, updated flooring, bright living spaces, and well-maintained interiors. Tenants enjoy separate entrances, shared common areas, and convenient access to downtown amenities, public transportation, shopping, dining, and major commuter routes. The building's attractive brick exterior, prominent corner presence, and historic architectural details add character and curb appeal, while the established tenancy and existing leases provide immediate cash flow for investors. Whether you're looking to expand your portfolio or acquire a stabilized mixed-use asset with upside potential, this property offers a unique opportunity in a growing market.