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1529 Hanover Avenue, Allentown City, PA 18109
$685,000
1529 Hanover Avenue, Allentown City, PA 18109View this property at 1529 Hanover Avenue, Allentown City, PA 18109
1529 Hanover AvenueAllentown CityPA18109
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Property Description
**Attention Investors & Business Owners** Here is a NEW LISTING offered FOR SALE as an EXCEPTIONAL MIXED-USE 4-UNIT COMMERCIAL INVESTMENT PROPERTY consisting of 2 APARTMENTS, a MECHANICAL CONTRACTOR'S GARAGE UNIT, & the most incredible FULLY FITTED PROFESSIONAL SERVICES/SALON that could easily suit ANY other use imaginable in a City of Allentown Zoning B-3 (Highway Business Code) This property is NOW AVAILABLE directly across the street from The Lehigh Valley's NEXT BIGGEST APPROVED DEVELOPMENT on 200 ACRES called *NORTHRIDGE*, projected by City Center Developer to create 2,227 construction jobs & 385 long-term positions, in addition to $9.35 million in annual tax revenue, making the future appreciation value of this property we are selling a SOLID choice to add to your investment portfolio. This MIXED-USE sale presents a lucrative opportunity for RENTAL INCOME, OWNER OCCUPIED BUSINESS USE and/or LONG-TERM APPRECIATION. There are AFFORDABLE TAXES & PUBLIC NATURAL GAS UTILITIES on site as well as CENTRAL A/C. Buyers will NOT be disappointed in the heavily traveled AVENUE LOCATION with a daily traffic count of almost 24,000 cars passing by per day & within minutes of ALL LEHIGH VALLEY major highways. Schedule a tour with The Listing Broker ASAP because we are expecting a fast sale due to LOW INVENTORY & HEAVY BUYER DEMAND. Please allow 48hr notice for scheduling to allow us to schedule tours conveniently with tenants, the building is FULLY OCCUPIED. Thank you for your interest!
Full Property Details
Full Property Details for 1529 Hanover Ave
General
- Price: $685,000
- Taxes: $8,168
- Status: Active
- Type: Apartment
- MLS ID: 734333
- Updated: 4/8/2024
- Added to Site: 61 day(s) ago
Location
- Area: Allentown-South
- County: Lehigh
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Cooling Type: Central AC
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Construction: Brick, Concrete Block, Masonry, Stone, Vinyl
- Square Feet: 4,215
- Current Bldg. Use: Apartments, Auto Service, Beauty Parlor, Building Trades, Church, Convenience Store, Laundry, Medical Service, Office, Professional Service, Research and Develop, Restaurant, Retail, School Care, Tavern, Warehouse, Wholesale
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.117
- Lot Size (Sq. Ft.): 5,096
- Lot Size Source: Tax Records
- Lot Dimensions: 68 x 129
- Zoning: B-3
Financial Considerations
- Tax Amount: $8,168.81
Disclosures and Reports
- Special Conditions: Not Applicable
Listed by RE/MAX Central - Center Valley
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Schools
Schools serving 1529 Hanover Ave
School District:Allentown School District
Rating | Name | Grades | Distance |
---|---|---|---|
790 Plymouth St, Allentown, PA 18109 | K-5 | 0.1 mi | |
137 N 2nd St, Allentown, PA 18101 | 6-8 | 1.7 mi | |
815 N Irving St, Allentown, PA 18109 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1529 Hanover Ave
Date
Details
Price
Change
Source
4/08/2024
Price Reduced
$685,000
-4.2%
MLS
3/16/2024
Listed
$715,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1529 Hanover Ave
1529 Hanover Avenue, Allentown City, PA 18109 (MLS# 734333) is a Apartment property. 1529 Hanover Avenue is currently listed for $685,000 and was received on March 16, 2024. Want to learn more about 1529 Hanover Avenue? Do you have questions about finding other Apartment real estate for sale in Allentown City? You can browse all Allentown City real estate or contact a Coldwell Banker agent to request more information.