Remarks

5 Buildings make up the nearly half-acre corner of Hamilton and Fountain
in the same block as PPL Tower. Located in the incredible tax opportunity
zone of the NIZ, this site is perfect for a major redevelopment project.
Renderings are available for a major 11 story 300-unit hotel on this site with
underground parking, or an office building or a mixed-use project. The
property currently has 21 units incl 4 storefronts and 17 residential units
with a Gross Income of $269,700, although it could be significantly higher
and an NOI of over $200,000

Details

MLS#: 735428
Price: $4,950,000

Style: Commercial,Office Building,Retail
Sq Ft: 18124
Year Built: 1900

County: Lehigh
Lot Size: 13983
Tax Fee: 38863.00

School District: Allentown