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804 W Hamilton Street, Allentown City, PA 18101

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For Sale

$1,299,900

0.09 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Exceptional investment potential in Allentown's thriving Neighborhood Improvement Zone (NIZ). This three-story commercial building with a full basement offers a rare mix of stable income and significant value-add upside. The ground floor (approx. 4,800 SF) is fully leased to an NNN retail tenant, providing immediate cash flow. The 2nd and 3rd floors (approx. 3,050 SF each) are currently vacant-ideal for redevelopment into office, residential, or mixed-use space. Zoned B-2 Central Business, this flexible property supports a wide range of uses, including retail, office, residential, service, or government. The NIZ tax opportunity further enhances financial viability and ROI. Located in the heart of downtown Allentown, this property is surrounded by over $1 billion in recent investment, 450+ new apartments, and 14,000+ daily office workers. It's also within walking distance of key attractions such as the PPL Center Arena and the newly opened Da Vinci Science Center (May 2024). Whether you're an investor, developer, or owner-user, this is a unique opportunity to be part of Allentown's ongoing urban revitalization.
MLS# 762174

Courtesy Of Howard Hanna The Frederick Group

(610) 398-0411

Property Features

  • Age
    Over 50 Years Old
  • Exterior Type
    Brick
  • Lot Size
    0.09 Acres

Map and Directions

Directions to 804 W Hamilton Street, Allentown City, PA 18101

Home seller CENTURY 21 Ramos Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Ramos Realty

(610) 866-4423
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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