Allentown, PA 18102
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Allentown, PA 18102
$249,9002.720000 Acres
Property Details
Approved Townhome Subdivision - This is a great opportunity to own an approved 17 townhome subdivision. The site has all City of Allentown approvals in place (with exception to final building permits to the best of seller's knowledge). Plan available on request. Build out the townhomes and sell or build them as rentals. Site improvements are estimated at $180,000 (although any buyer should have their own estimates done), leading to a potential profit on resale of townhomes of $700,000 or more. As a rental, 17 units estimated at $1100 per month rent would bring in a Gross Income of $224,400 per year. Buyer is to be responsible for NPDES.
- County LEHIGH
Community & Schools
- CondoAssociation N
- HOA N
- Subdivision NOT IN DEVELOPMENT
- SchoolDistrict Allentown
Interior Features
Exterior Features
- WaterFront N
- LotAreaAcre 2.720000
- LandSqFt 118697
Financial Details
- TaxYear 2011
- TotalAssessment 83900.00
- TotalTaxes 7677.00
Miscellaneous Details
- Remarks Approved Townhome Subdivision - This is a great opportunity to own an approved 17 townhome subdivision. The site has all City of Allentown approvals in place (with exception to final building permits to the best of seller's knowledge). Plan available on request. Build out the townhomes and sell or build them as rentals. Site improvements are estimated at $180,000 (although any buyer should have their own estimates done), leading to a potential profit on resale of townhomes of $700,000 or more. As a rental, 17 units estimated at $1100 per month rent would bring in a Gross Income of $224,400 per year. Buyer is to be responsible for NPDES.
- ZoningCode RM
Map & Directions
Route 22 to South on Fullerton Ave (becomes Front Street), property on the right.
Map for Allentown, PA 1810240.6193958-75.4620414
Map locations are not exact and are meant to be an estimated reference only.
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