520 N 7th Street, Allentown, PA 18102

Local realty services provided by:ERA One Source Realty
520 N 7th Street,Allentown City, PA 18102
$495,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:jose ortiz
Office:i-do real estate
MLS#:767155
Source:PA_LVAR

Price summary

  • Price:$495,000

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 $3,500 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.

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Home facts

  • Year built:1890
  • Listing ID #:767155
  • Added:2 day(s) ago
  • Updated:November 02, 2025 at 03:56 PM

Heating and cooling

  • Cooling:Central Air, Wall Units
  • Heating:Forced Air

Structure and exterior

  • Year built:1890

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$495,000
  • Tax amount:$2,802