Opportunity to own 2 high profile corners in the West End Theatre District w/7 units & 30 car parking lot. 1901 W. Allen St. and 1902 W. Allen St. being sold as a package. Combined Gross Income $116,887 - Combined Net Operating Income $80,061. ******* 1901 W. Allen St. Prime corner 5 unit building w/30 car parking lot. 2 commercial store fronts on the 1st flr w/3 apts. above. Each unit pays their own utilities & the building is fully occupied. New roof 2014. Gross Income w/CAM is $67,956 Total Expense: $24,876 (Taxes $13,176 - Ins. $2,500 - Maintenance $2,000 - Snow $5,000 - W & S $2,200) Net Operating Income $43,080 ******* 1902 W. Allen St. Prime corner w/2 commercial store fronts with additional income from rooftop billboards. Each tenant pays their own utilities & the building is fully occupied. Gross Income with CAM is $48,912 Total Expenses: $11,950 (Taxes $7,450 - Ins. $1,500 - Repairs $1,000 - Maintenance $1,500 - W & S $500.00) Net Operating Income $36,962
Off market
$1,197,000
1901 W Allen St, Allentown, PA 18104
--beds
0baths
5,180sqft
MultiFamily
Built in 1930
-- sqft lot
$1,197,000 Zestimate®
$231/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Heat pump, Electric
Cooling
- None
Features
- Flooring: Other
Interior area
- Total interior livable area: 5,180 sqft
Property
Parking
- Total spaces: 30
Features
- Exterior features: Other
Lot
- Size: 0.33 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public
Community & neighborhood
Location
- Region: Allentown
Other
Other facts
- Construction: Brick
- County: Lehigh
- Parking: Paved Lot
- PropertySubTypeCategory: Detached, Commercial
- PropertyType: Investment Property
- Sewer: Public
- Status: Available
- Water: Public
- Cooling: No Air
- SpecialConditions: Not Applicable
Services availability

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$1,197,000
2% more+ $23,940
With Zillow Showcase(estimated)
$1,220,940