1525 Hanover Avenue

1525 Hanover Avenue

Allentown, PA 18109

$685,000
Price
4
Beds
3
Baths
1
1/2 Bath
4,515 Sq. Ft.
$152 / Sq. Ft.
4,515
Sq. Ft.
$152
per Sq. Ft.
an aerial view of a houses with outdoor space
a view of street with parked cars
city view
a view of a city with tall buildings
a view of a city street both side of a road
a view of a city
a view of entryway
a front view of a house with a yard
a car parked in front of a house
a living room with furniture a large window and wooden floor
a view of a dining room with furniture a chandelier and wooden floor
a view of hall way with furniture
a kitchen with granite countertop a stove and cabinets
a living room with fireplace furniture and a potted plant
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove
a living room with furniture
a living room with furniture kitchen view and a potted plant
a living room with furniture and a flat screen tv
a view of a dining room with furniture
a view of living room and kitchen with furniture and chandelier
a view of a workspace with furniture and a workspace
a view of a livingroom with workspace and a couch
a view of a kitchen with a stove and wooden cabinets
a utility room with sink dryer and washer
a bathroom with a toilet a sink and a mirror
a view of a room with gym equipment
a view of a room with gym equipment
a view of a room with gym equipment
a living room with furniture and a fireplace
a living room with furniture and a flat screen tv
a living room with furniture and a ceiling fan
a view of a dining room with furniture and window
a metallic refrigerator freezer and a stove sitting inside of a kitchen
a kitchen with stainless steel appliances granite countertop a stove a sink and a cabinets
a view of a workspace with furniture
a bedroom with a bed and a chandelier
a bedroom with a bed and a window
a bedroom with a bed and a table in it
a bathroom with a bathtub and shower
a children room with toys and toys
a view of a livingroom with furniture and a chandelier
an empty room with windows & fan
wooden floor in an empty room
wooden floor with window in an empty room
an empty room with windows
a kitchen with a sink and a stove top oven with wooden floor
a bathroom with a toilet sink and mirror
an empty room with windows and bathroom
a roof deck with table and chairs

Description

Attention Investors & Business Owners Here is a NEW LISTING offered FOR SALE as an EXCEPTIONAL MIXED-USE 4-UNIT COMMERCIAL INVESTMENT PROPERTY consisting of 2 APARTMENTS, a MECHANICAL CONTRACTOR'S GARAGE UNIT, & the most incredible FULLY FITTED PROFESSIONAL SERVICES/SALON that could easily suit ANY other use imaginable in a City of Allentown Zoning B-3 (Highway Business Code) This property is NOW AVAILABLE directly across the street from The Lehigh Valley's NEXT BIGGEST APPROVED DEVELOPMENT on 200...Attention Investors & Business Owners Here is a NEW LISTING offered FOR SALE as an EXCEPTIONAL MIXED-USE 4-UNIT COMMERCIAL INVESTMENT PROPERTY consisting of 2 APARTMENTS, a MECHANICAL CONTRACTOR'S GARAGE UNIT, & the most incredible FULLY FITTED PROFESSIONAL SERVICES/SALON that could easily suit ANY other use imaginable in a City of Allentown Zoning B-3 (Highway Business Code) This property is NOW AVAILABLE directly across the street from The Lehigh Valley's NEXT BIGGEST APPROVED DEVELOPMENT on 200 ACRES called NORTHRIDGE , projected by City Center Developer to create 2,227 construction jobs & 385 long-term positions, in addition to $9.35 million in annual tax revenue, making the future appreciation value of this property we are selling a SOLID choice to add to your investment portfolio. This MIXED-USE sale presents a lucrative opportunity for RENTAL INCOME, OWNER OCCUPIED BUSINESS USE and/or LONG-TERM APPRECIATION. There are AFFORDABLE TAXES & PUBLIC NATURAL GAS UTILITIES on site as well as CENTRAL A/C. Buyers will NOT be disappointed in the heavily traveled AVENUE LOCATION with a daily traffic count of almost 24,000 cars passing by per day & within minutes of ALL LEHIGH VALLEY major highways. Schedule a tour with The Listing Broker ASAP because we are expecting a fast sale due to LOW INVENTORY & HEAVY BUYER DEMAND. Please allow 48hr notice for scheduling to allow us to schedule tours conveniently with tenants, the building is FULLY OCCUPIED. Thank you for your interest!
  1. Listed by David Feinberg • RE/MAX Central - Center Valley

Property Details for 1525 Hanover Avenue

Area
Allentown-East
Sub division
Not in Development

Location

Listing Courtesy of RE/MAX Central - Center Valley
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LISTING UPDATED: 04/08/2024 09:38 AM

Property Details for 1525 Hanover Avenue

StatusAvailable
MLS #734331
Days on Market47
Taxes$8,169 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Detached
Year Built1915
Lot Size0.12 AC / 5,096 SF
CountyLehigh County

Location

Listing Courtesy of RE/MAX Central - Center Valley
Add your commute

Building Information for 1525 Hanover Avenue

Stories3Residences4Year Built1915Building Size-Lot Size0.12 AC / 5,096 SF

Payment Calculator

$4,419 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,738

Property Taxes

$681

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1525 Hanover Avenue

Summary
Location and General Information
  • Directions: From Airport Rd turn left onto Hanover Ave, property on left.
  • School District: Allentown
Parking
  • Garage: Attached, Built In, Off & On Street
  • ParkingSpaces: 5
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $921.56
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $1,726.84
  • School Taxes: $5,520.41
  • Total Taxes: $8,168.81
Property
Lot Information
  • Acres: 0.117
  • APN: 641716993979 001
  • Lot Dimensions: 68x129
  • Lot Size Source: Tax Records
  • Zoning Code: B-3
Property and Assessments
  • County Assessment: $33,600.00
  • Property SubType Category: Detached, Mixed Use
  • Square Footage Source: Tax Records
  • Technology: Security System
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Central AC
  • Electric: 456
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 2060
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Stone, Stucco, Vinyl
Interior Features
  • Heat: $0
  • Heat Type: Gas
Multi Family
Multi-Family Information
  • Gross Income: $87,000.00
  • Insurance: $3,900
  • Net Income: $71,860.00
  • Operating Expense: $15,140
  • Other Expenses: $0
  • Trash Removal: 555
  • Total Unit Count: 4
  • Total Units: 4
Unit 1
  • Unit Total1 Bedroom: 1
Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 1525 Hanover Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1525 Hanover Avenue

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Ritter El School
Public - K to 5
Harrison-Morton Middle School
Public - 6 to 8
Louis E Dieruff High School
Public - 9 to 12
Building 21 Allentown
Public - 9 to 12
Rating
School
Distance
Ritter El School
PublicK to 5

Harrison-Morton Middle School
Public6 to 8

Louis E Dieruff High School
Public9 to 12

Building 21 Allentown
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1525 Hanover Avenue, Allentown, PA 18109

1525 Hanover Avenue is a multi-family home for sale in Allentown, PA 18109. This property was listed for sale on March 16, 2024 by RE/MAX Central - Center Valley, it's currently listed at $685,000. It has been on the market for a total of 47 days and was last sold on October 2, 2017. This listing's school district is Allentown City School District. Nearby schools include Ritter El School, Harrison-Morton Middle School and Louis E Dieruff High School. 1525 Hanover Avenue is a 4-bed, 3.5-bath, 4,515 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Central - Center Valley

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.