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322 Ridge Ave
Allentown, PA 18102
Multifamily Property For Sale
·
4,500 SF
Executive Summary
For sale: three-unit investment property located in Allentown, PA.
Long-term tenants currently occupy the second and third floors, and there are approved plans to create a third three-bedroom apartment in the retail space. This property is situated in a vibrant residential area on Ridge Avenue, just three blocks from the newly constructed Jaindl Enterprise Waterfront mixed-use Class A building. Allentown’s Vision 2030 Initiative includes plans for neighborhood revitalization, making this location a strategic investment opportunity.
Long-term tenants currently occupy the second and third floors, and there are approved plans to create a third three-bedroom apartment in the retail space. This property is situated in a vibrant residential area on Ridge Avenue, just three blocks from the newly constructed Jaindl Enterprise Waterfront mixed-use Class A building. Allentown’s Vision 2030 Initiative includes plans for neighborhood revitalization, making this location a strategic investment opportunity.
Property Facts
| Sale Type | Investment or Owner User | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 4,500 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | C | Year Built | 1863 |
| Zoning | R-MH - Medium High Density Residential | ||
| Sale Type | Investment or Owner User |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,500 SF |
| No. Stories | 3 |
| Year Built | 1863 |
| Zoning | R-MH - Medium High Density Residential |
Property Taxes
| Parcel Number | 640743056829-1 | Improvements Assessment | $227,398 CAD |
| Land Assessment | $28,336 CAD | Total Assessment | $255,734 CAD |
Property Taxes
Parcel Number
640743056829-1
Land Assessment
$28,336 CAD
Improvements Assessment
$227,398 CAD
Total Assessment
$255,734 CAD
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