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520 N 7th St, Allentown, PA, 18102

--beds
--baths
--sqft
$474,999
--price/sqft
$3,451/moest. monthly cost
$138,040/yrincome needed

About This Home

Mixed-use 3-unit property in the heart of Center City Allentown, offering strong income and future upside. The building includes a commercial space on the first floor and two 1-bedroom apartments on the upper levels. Fully occupied and currently generating approximately $3,750 per month, with potential to increase to $4,200+ as rents are brought to market. Both residential leases are short term, providing flexibility for rent adjustments or repositioning. Located along busy North 7th Street, the property offers excellent visibility and steady foot traffic, surrounded by restaurants, shops, and local businesses. Just minutes from the PPL Center, Hamilton Street corridor, and major transportation routes. Seller is motivated—agents are encouraged to bring all offers.

Getting Around

89
WalkingVery Walkable
46
TransitSome Transit
51
BikeBikeable

Schools

Construction

Condition

  • Property condition: Unknown
  • Year built: 1890

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Apartment

Interior

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air,Wall Unit(s)

Property

Details

  • Parcel number: 549793901854001
  • Zoning: B1/R
  • Special condition: None

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes