322 Ridge

Allentown City, PA 18102
Beds
5
Baths
3
Square Ft.
3,978
$400,000
Excellent mixed-use investment opportunity in the heart of Allentown offering immediate income and significant value-add potential. This solid brick building features two residential units and a commercial space with approved plans for conversion into a spacious 3-bedroom, 2 full bathroom residential unit, along with a shared laundry area. The propertyRead MoreRead Less
Courtesy of Coldwell Banker Hearthside 610-465-5600
Listing Snapshot
Days Online
3
Last Updated
Property Type
MixedUse
Beds
5
Full Baths
2
Partial Baths
1
Square Ft.
3,978
Lot Size
0.11 Acres
Year Built
1863
MLS Number
772055
30 Days Snapshot Of 18102
$199k
+1%
(avg) sold price
28
+55%
homes sold
72
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1863, 3 stories, 3 stories total, Living area: 3978, Year built details: Unknown, 3 total units, Brick, Stone, VinylSiding
Cooling
CeilingFans
Expenses
Insurance expense: $4,500, Operating expense: $18,500, Professional management expense: 0, Water sewer expense: $2,600
Water Features
Water source: Public
Heating
Baseboard, Electric, ForcedAir, Gas
Lot
0.115 size acres, 5,009 size sqft, Size area: 5009, Size units: SquareFeet
Parking
Total: 2, Detached, Garage, OnStreet
Property
Property subtype additional: MixedUse, Commercial, Property subtype: MixedUse, Property type: ResidentialIncome, Zoning: R-Mh-Medium High Density, Unknown
Sewer
PublicSewer
Taxes
Tax annual amount: $5,955, Tax assessed value: 180500
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Eric Leadbetter
Broker Owner / Team Leader
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