Neal Cohen

Real Estate Agent
License# RS296771

520 7th Street, Allentown City, PA 18102

 (Sold on )

$454,999

  • Open House
  • New Listing
  • Price Reduced
  • Active
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • 2,463Sqft
  • 0Acres
  • Multi-FamilyType
  • 784301MLS#
-1 More Schedule

Property Description

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. Two units occupied and currently generating approximately $2,950 per month, with potential to lease at full capacity to $4,150. 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. HVAC in commercial unit, mini splits in second unit, all units metered separately. Just minutes from the PPL Center, Hamilton Street corridor, and major transportation routes. Seller is motivatedagents are encouraged to bring all offers.

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Property Details 520 7th Street, Allentown City, PA 18102

Facts & Features

  • MLS #: 784301
  • Status: Active
  • Date Listed: 09/10/2026
  • Type: Multi-Family
  • Sub Type: Apartment
  • Year Built: 1890
  • Price: $454,999
  • Area: Allentown-Central
  • County: Lehigh
  • Subdivision: Not in Development
  • Total SqFt: 2,463

Amenities

  • Waterfront Type: Public

Interior

  • Heating: Baseboard
  • Cooling: Central Air, Wall Unit(s)
  • # of Stories: 3.00

Exterior

  • Construction: Brick

Schools

  • School District: Allentown

Additional Information

  • Zoning: B1/R

Tax Information

  • Tax: $2,821

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