322 Ridge Ave - Apartments FOR SALE


Allentown, PA 18102- 1st Ward
$414,000 USD
322 Ridge Ave, Allentown, PA for Sale
$414,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

322 Ridge Ave
Allentown, PA 18102
1st Ward


OVERVIEW

For sale: three-unit investment property located in Allentown, PA. Long-term tenants currently occupy the second and third floors, and there are approved plans to create a third three-bedroom apartment in the retail space. This property is situated in a vibrant residential area on Ridge Avenue, just three blocks from the newly constructed Jaindl Enterprise Waterfront mixed-use Class A building. Allentown’s Vision 2030 Initiative includes plans for neighborhood revitalization, making this location a strategic investment opportunity.

FOR SALE DETAILS

PRICE

$414,000 USD

PRICE/SF

$92 USD /SF

# OF UNITS

3

PRICE/UNIT

$138,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1863

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R-MH

APN/PARCEL ID

640743056829-1

ASK ABOUT THIS PROPERTY

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