Property Overview
Price/Rent PSF $ 1,390,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 10,946
Date Available 12/20/2018
Additional URL Link
Floors 3
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Description

Location
Corner of 10th and Linden

Sale
PRICE REDUCED!!
Cash flowing investment property for sale! This investment opportunity is a 26 room boarding house with 2 apartments and a ground floor retail space that is currently leased to a restaurant group.
Hotel Liquor License is included in the sale.
There are 4 common area restrooms that service the rooms. All rooms have key pad access and include a bed and television.
Most tenants are currently month to month, but new owner could increase profits with weekly rentals and also renovate two additional apartments. Landlord pays all utilities.
Located just blocks from the rebirth of downtown Allentown, PA and Hamilton street corridor which includes PPL Event Center, Allentown Symphony Hall, Allentown Art Museum, retail, restaurants and so much more.
Call Ayon Codner for additional financials information.

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