PA > Allentown City > Not In Development
Allentown City, PA 18102,406 408 Ridge Avenue
Allentown City, PA 18102,406 408 Ridge Avenue
Allentown City, PA 18102,406 408 Ridge Avenue
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$399,900
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Open Sat 12PM-4PM

406 408 Ridge Avenue Allentown City, PA 18102

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Greg Dwornikowski

Greg Dwornikowski

+1(215) 534-7347

OPEN HOUSE

Sat Mar 22, 12:00pm - 4:00pm

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment Style

Listing Status Active

Purchase Type For Sale

Square Footage 5,148 sqft

Price per Sqft $77

Subdivision Not In Development

MLS Listing ID 753508

Bedrooms 6

Full Baths 4

Year Built 1865

Annual Tax Amount $4,441

Lot Size 5,619 Sqft

Property Sub-Type Apartment Style

Property Description

*PUBLIC OPEN HOUSE WEDNESDAY, 03/19 FROM 4PM-6PM!* Discover this exceptional 3-unit mixed-use investment property, and offering immediate rental income of $3,500 PER MONTH, with a projected income of $5,500 per month with the offices! Each unit is thoughtfully designed with modern stainless steel appliances, elegant hardwood floors, and spacious layouts that attract quality tenants. Large vacant office on the 1st floor can be converted into two and is currently on the market for rent! The building features a freshly painted exterior, adding curb appeal and ensuring a low-maintenance investment. Conveniently located close to major highways US-22 and I-78 for easy commute, Bucky Boyle Park, Coca Cola Park, Lehigh Valley Mall, Allentown Airport, shops, restaurants, and so much more! Whether you're a seasoned investor or just starting, this turnkey opportunity is perfect for long-term growth. Don't miss your chance to own this income-producing mixed-use property! *COMMERCIAL & RESIDENTIAL CLEAR CO WILL BE PROVIDED* *CAP RATE W/APTS ONLY: 9. CAP RATE W/APTS & COMM SPACE: 15*

Location

State PA

County Lehigh

Area Allentown-Central

Interior

Cooling No Air

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Allentown

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

Listed by Keller Williams Northampton

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agent

Greg Dwornikowski

Agent | License ID: RS328262

+1(215) 534-7347

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406 408 Ridge Avenue

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