Don't miss out on this exceptional investment opportunity in the heart of Historic Allentown, NJ! This boutique commercial/residential center, located in downtown Allentown, presents a lucrative prospect for savvy investors. The building encompasses three well-established retail stores on the first floor, attracting a steady stream of customers and ensuring a reliable income stream. On the second floor, an attractive apartment with a loft/attic layout awaits, featuring two comfortable bedrooms, a full bath, and an updated kitchen equipped with modern appliances, including a convenient washer and dryer. The residential space exudes charm and practicality, making it an enticing option for a prospective tenant seeking a cozy living environment. The property's excellent condition is a testament to its upkeep and maintenance. Each unit has been thoughtfully equipped with separate utility meters, ensuring a smooth and efficient billing process for both the tenants and the landlord. Moreover, the recent installation of newer HVAC systems and water heaters adds to the overall appeal, minimizing potential maintenance costs. With all units already occupied and signed leases in place, this investment promises immediate returns and a hassle-free experience for the new owner. Additionally, the availability of extra off-street parking enhances the property's convenience and attractiveness for both tenants and customers.
Seize the chance to be a part of Allentown's historic charm while securing a sound investment with this thriving commercial/residential center. Act fast, as investment opportunities like this rarely last long!
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 29th November, 2023 12:20 PM (UTC)
Listing Agent: Walter Sawka
Listing Office: RE/MAX Tri County
Attribution contact: 6095879300