9 months on rocket

134 7th, Allentown City, PA, 18101

$2,449,000

Home List Price

$10,000*

Closing Credit

17 Bedrooms
12 Full Baths, 2 Partial
12,214 SqFt
$201/SqFt
Condo

Location

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134 7th, Allentown$2,449,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1900
HeatingBaseboard, Electric
CoolingNone
MLS #729724
Lot Size0.15 Acres
StatusActive

About 134 7th

Property sold with Clear CO!! Developers Dream! Located in the NIZ Neighborhood Improvement Zone and Opportunity Zone this investment opportunity consists of 15 Units - 12 Residential Units and 3 commercial spaces. Because of its proximity to the new Downtown development this property is a great opportunity for a developer to demo/repurpose the building or renovate what’s existing and raise rents. All units have room to renovate and raise rents making it a great value add opportunity. All units have electric heat and hot water and electric ranges - all units have separate utilities. The property has frontage facing 7th Street and which is the main arteries into downtown Allentown. Located steps from the new downtown development which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. 134 - 138 N. 7th Street is an excellent long term value add opportunity in the most up and coming area in Allentown. This property is a must see!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 3
  • Living Area: 12,214 SqFt

Listing Office:

  • Office Name: BHHS Regency Real Estate
  • Office Phone: (610) 432-5252

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 12
  • Total Bedroom Count: 17

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: None

Other

Directions Information:

  • Directions: From 22 - South on 7th Street - Property on Right adjacent to PPL Center

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,449,000
  • Price Per SqFt: $201/SqFt
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Housing Market Comparison

See how this home compares to others in Allentown, PA.

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Allentown, PA

City

Med. Sold Price

$289.9K

Med. Price/SqFt

$167

Avg. Days On Market

18

# of Sold Homes

157

134 7th vs Allentown

273 DAYS ON ROCKET

+255 Days

$2,449,000

+$2.1M More

$201/SqFt

+$34 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $34/SqFt more than other homes in Allentown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #729724

Listing Office:

  • Office Name: BHHS Regency Real Estate
  • Office Phone: (610) 432-5252

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,409

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-843153
3
/10

  • Arts Academy Elementary Charter School

  • 601 W Union St

  • 0.08 miles

  • Public Charter Grades KG-5

school-card-donut-843154
5
/10

  • Central Elementary School

  • 829 W Turner St

  • 0.46 miles

  • Public District Grades 1-5

school-card-donut-843155
4
/10

  • Jefferson Elementary School

  • 750 Saint John St

  • 0.62 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,436. Typical income of Allentown, PA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 134 7th

What is the listing price of this property?

The listing price of 134 7th property is $2,449,000.

What type of property is this?

The property 134 7th is a condo located in Allentown City, Pennsylvania, 18101.

Is this property for sale now?

Active Listing: 134 7th is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 134 7th has 17 bedrooms and 12 full and 2 half bathrooms.

What is the square footage of this property?

The property 134 7th is 12,214 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 134 7th is 1900.

Rocket Homes›Pennsylvania›Lehigh County›Allentown›18101›134 7th

This home is located at 134 7th in Allentown City, PA and zip code 18101 in the Center City neighborhood. This 12,214 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 17 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $2,449,000.

While more than 74 listings in Allentown, PA in October 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 56 were sold below. The inventory of homes for sale in Allentown, PA between September 2024 and October 2024 decreased by 5.8%. While the average time on the market in October 2024 was 18 days, the median list price was $289,995.

From Rocket Homes Real Estate and based on county public records data.

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