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438 N 7th St, Allentown, PA, 18102

3beds
3baths
2,878sqft
$480,000
$167price/sqft
$3,576/moest. monthly cost
$143,040/yrincome needed

About This Home

Value-Add Mixed-Use Opportunity – Three (3) Units For Sale An excellent investment or owner-user opportunity is now available with this fully renovated mixed-use property. The building includes two (2) residential units and one (1) ground-level retail/commercial space, offering strong value-add potential. • Unit 1: Approx. 800 SF commercial/retail space featuring a private restroom, kitchenette, and generous storage—ideal for an owner-occupant or to maximize rental income. • Unit 2: One-bedroom studio apartment, perfect for consistent rental income. • Unit 3: Two-bedroom apartment with separate living and dining rooms. Currently tenant-occupied with approximately four months remaining on the lease. Renovated in 2020, the property features updated electrical and plumbing systems throughout, ensuring modern infrastructure and long-term durability. Additional highlights include rear parking and approved plans for an ADA ramp to the commercial space, adding both accessibility and value. Disclosure: The retail unit and select portions of the property still require finishing touches. The seller is open to completing the remaining work or offering the property as-is at a more favorable price. This flexibility allows you to customize or add value to the property according to your vision.

Getting Around

90
WalkingWalker's Paradise
46
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

3/10
2/10
William Allen High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1843

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total interior livable area: 2,878 sqft

Property

Details

  • Parcel number: 549792978241 1
  • Zoning: B1/R
  • Special condition: None

Features

  • Stories: 3

Lot

  • Lot size: 4,660 sqft

Parking

  • Total spaces: 3