105 Karl Road,
Brodheadsville, PA 18322
[email protected]
(570) 402-7767
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$895,000
2312 S 5Th Street
Allentown, PA 18103
MLS# PM-113017
11685 sqft
2312 S 5Th Street, Allentown, PA 18103
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2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103 2312 S 5Th Street, Allentown, PA 18103

Property Description
This property features a 36-unit storage facility and 3 apartments, conveniently located off bustling South 4th St. 11,685 sqft building! It offers significant potential for rent growth with minimal Capex - our 5x10 units are priced at $85, while nearby facilities charge $113. All 3 renovated residential units are electric (heat and cooking) and individually metered. ~$68k NOI with a significant rent growth opportunity.

Details
Maps
Address Information
Street Number: 2312
Street Name: 5Th
Street Suffix: Street
City (Post Office): Allentown
State/Province: PA
Zip Code: 18103
Listing & Location Information
Current Price: $895,000
County: Lehigh
Municipality/ Twnshp: Allentown City
List Price: $895,000
School District: Allentown City
Property Information
Book Section: Commercial
SqFt Above Grade: 11685
Total SqFt.: 11685
AreaSource: Public Records
Stories: 3
Total Acres: 0.3
Directions & Remarks
Fore: N
Financial Information
Cnty&Muni Taxes: 3658.9
School Taxes: 6940.14
Total Taxes: 10599.04
Office Information
Listing Date: 2024-02-23
Status: Active
Buyer Agency Compensation: 2.5
Buyer Agency Compensation Type: %
Currently Not Used
Street Direction Pfx: S
Miscellaneous
Zoning Code: R-L
1st Right of Refusal: N
Financial Info
Gross Income$: 91584
Net Income$: 67518
Property Features
Includes: Business; Building(s)
Existing Use: Commercial; Industrial
Level: Multi
Location: FreeStnd
Parking: On-site
#Doors: 1-5Full
Road: Paved; Public
Road Type: City-Rd
Road Surface Type: Blk-top
Potential Use: Apartment(s); Industrial
Loading Dock: Drive In
Heating: Elec; Gas
Cooling: None
Sewer: Public
Water Source: Public
Showing Requirements: Call Listing Agent
Occupant Type: Tenant
Financing: Cash; Conventional
Possession: Immediate

Listing Office: KW Commercial - Main St

Last Updated: February - 24 - 2024

2312 S 5Th Street, Allentown, PA 18103 - MLS# PM-113017
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.

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