1015 W Hamilton Street, Allentown, PA 18101
$849,900
Property Type:
Commercial Sale
Square Footage:
4,280
Lot Size (sq. ft.):
4,095
Status:
Active
Current Price:
$849,900
List Date:
1/28/2026
Last Modified:
1/28/2026
Description
This versatile 3-unit, mixed-use investment property offers immediate and long-term income potential. The first floor features an established, long-term tenant operating a convenience store, along with a fully equipped vacant kitchen—ideal for expansion or additional revenue opportunities. The tenant-occupied second-floor apartment boasts luxury vinyl plank flooring throughout, two bedrooms, an updated full bathroom, and a spacious eat-in kitchen with tile floors. The third-floor unit is a vacant one-bedroom, one-bath apartment with a sunroom, perfect for owner occupancy or rental, with the potential to generate $1,600+ per month in passive income. A solid addition to any portfolio, this property combines stable commercial tenancy with residential income flexibility. Conveniently located close to major highways US-22 and I-78 for easy commute, Allentown Art Museum, Coca COla Park, Allentown Airport, shops, restaurants and so much more!
More Information MLS# PM-138546
Contract Information
Property Attached YN: Yes
Rent Control YN: No
Listing Service: Full Service
Lease Considered YN: No
Property Sub Type: Apartment
List Price: $849,900
Current Price: $849,900
Status: Active
Listing Contract Date: 2026-01-24
Location, Tax, and Legal
Parcel Number: 02 07 H09NE1A 004 003
Municipality: Allentown City
High School District: Allentown City
County Tax Amount: 836.51
Municipal Tax Amount: 1611.44
School Tax Amount: 5010.9
Tax Annual Amount: 7458.85
Tax Assessed Value: 221300
Tax Year: 2025
Tax Map Number: 549699183099001
Deed Recording Date: 2006-08-01
Tax Legal Description: Property Address: 1015 W Hamilton St /Tile Number: 465904B/School District: Allentown School District
Zoning Description: Other
Land Lease YN: No
General Property Information
Above Grade Finished Area: 4280
Below Grade Finished Area: 0
Building Area Source: Public Records
Stories: 3
Year Built Source: Public Records
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 0
Lot Size Acres: 0.094
Water Body Access YN: No
List Price/SqFt: 198.57
Building Area Total: 4280
Year Built: 1900
Currently Not Used
Number Of Units Total: 3
Remarks and Miscellaneous
Public Remarks: This versatile 3-unit, mixed-use investment property offers immediate and long-term income potential. The first floor features an established, long-term tenant operating a convenience store, along with a fully equipped vacant kitchen—ideal for expansion or additional revenue opportunities. The tenant-occupied second-floor apartment boasts luxury vinyl plank flooring throughout, two bedrooms, an updated full bathroom, and a spacious eat-in kitchen with tile floors. The third-floor unit is a vacant one-bedroom, one-bath apartment with a sunroom, perfect for owner occupancy or rental, with the potential to generate $1,600+ per month in passive income. A solid addition to any portfolio, this property combines stable commercial tenancy with residential income flexibility. Conveniently located close to major highways US-22 and I-78 for easy commute, Allentown Art Museum, Coca COla Park, Allentown Airport, shops, restaurants and so much more!
Unit Details
Number Of Units Leased: 2
Business Type
Deli/Catering: 1
Fast Food: 1
Food & Beverage: 1
Grocery: 1
Restaurant: 1
Convenience Store: 1
Gift Shop: 1
Retail: 1
Income and Expenses
Gross Income: 60600
Net Operating Income: 28786
Total Actual Rent: 41400
Annual Total Expense: 31814
Insurance Expense: 5500
Manager Expense: 4800
Electric Expense: 35
Sewer Expense: 800
Water Expense: 800
Special Listing Conditions
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
Owner Pays
Water: 1
Sewer: 1
Taxes: 1
Roof Maintenance: 1
Management: 1
Tenant Pays
Electricity: 1
Gas: 1
Hot Water: 1
Pest Control: 1
Income Includes
Rent Only: 1
Operating Expense Includes
Insurance: 1
Manager: 1
Water/Sewer: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Possession
Close Of Escrow: 1
Negotiable: 1
Structure Type
Mixed Use: 1
Current Use
Residential: 1
Commercial: 1
Mixed Use: 1
Possible Use
Residential: 1
Commercial: 1
Building Features
Fixtures Included: 1
Private Restrooms: 1
Flooring
Ceramic Tile: 1
Laminate: 1
Tile: 1
Vinyl: 1
Construction Materials
Brick: 1
Stucco: 1
Vinyl Siding: 1
Roof
Asphalt: 1
Fiberglass: 1
Cooling
Central Air: 1
Heating
Forced Air: 1
Natural Gas: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Parking Lot: 1
On Street: 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Water Body View
No: 1
Location Tax and Legal
County: Lehigh
Street Number: 1015
Street Direction Prefix: W
Street Name: Hamilton
Street Suffix: Street
City (Post Office): Allentown
State: PA
Postal Code: 18101
Subdivision Name: None
Property Features
Special Listing Conditions: Standard
Listing Terms: Cash; Conventional
Owner Pays: Water; Sewer; Taxes; Roof Maintenance; Management
Tenant Pays: Electricity; Gas; Hot Water; Pest Control
Income Includes: Rent Only
Operating Expense Includes: Insurance; Manager; Water/Sewer
Possession: Close Of Escrow; Negotiable
Structure Type: Mixed Use
Current Use: Commercial; Residential; Mixed Use
Possible Use: Commercial; Residential
Business Type: Deli/Catering; Fast Food; Food & Beverage; Grocery; Restaurant; Convenience Store; Gift Shop; Retail
Building Features: Fixtures Included; Private Restrooms
Flooring: Ceramic Tile; Laminate; Tile; Vinyl
Construction Materials: Brick; Stucco; Vinyl Siding
Roof: Asphalt; Fiberglass
Cooling: Central Air
Heating: Forced Air; Natural Gas
Water Source: Public
Sewer: Public Sewer
Parking Features: Parking Lot; On Street
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Water Body View: No
Listing Office: Keller Williams Real Estate - Northampton Co
Last Updated: January - 28 - 2026
Information deemed reliable but not guaranteed.