Listing provided courtesy of EXP Realty LLC- MLS# 779785
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Request Info701 N Jordan StreetAllentown City, PA 18102
Multi-Family · 6 Beds · 3 Full Baths · 2 Half Baths · 4,120 Sq. ft. | 0.06 Acres$649,900
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701 N Jordan Street Overview
- Time on Site:
- 3 days
- Visits:
- 0
This 5-unit mixed-use property offers two buildings on a single deed and a diversified income mix just a few blocks from the Allentown Waterfront development already reshaping this corridor. Unit 1 is a bar/restaurant with 2 bathrooms, Unit 2 is a mini mart, Unit 3 is a 1-bedroom/1-bathroom apartment currently owner-occupied and will be delivered at closing, Unit 4 is a 3-bedroom/1-bathroom apartment currently tenanted, and Unit 5 is a 3-bedroom/1-bathroom apartment currently tenanted with water included in the rent. The commercial spaces will be delivered vacant of business operations, giving a new owner a clean slate to operate, re-lease, or explore alternative uses with the city. With five diverse income streams under one deed, the upside potential here is significant for the right investor. Liquor license does not convey and must be obtained separately. This property has been family-owned for generations, the current owner is ready to retire and motivated to close. Do not let this one pass you by.
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701 N Jordan Street Facts & Features
- Type Multi-Family
- Sq. ft. 4,120
- Price/Sq.ft. $158
- Lot 0.06 Acres
Details
General
School Information
- School District: Allentown
Income/Expenses
- Electric Expense: 2100.0
- Insurance Expense: 2500.0
- Net Operating Income: 17600.0
- Water Sewer Expense: 1000.0
Building Information
- Year Built: 1904
Location/Region
- County Or Parish: Lehigh
- MLS Area Major: Allentown-Central
- Postal City: Allentown City
- Subdivision Name: Not in Development
Tax Information
- Tax Annual Amount: 7895.81
- Tax Assessed Value: 247500
General Information
- Parcel Number: 640714779487-1
- Property Sub Type: Apartment
- Property Type: Residential Income
- Senior Community: false
- Special Listing Conditions: None
- Zoning: B1/R
Interior
Beds/Baths
- Bathrooms Full: 3
- Bathrooms Half: 2
- Bathrooms Total: 5
- Bedrooms Total: 6
General Information
- Interior Features: Wired for Data
- Living Area: 4120.0
- Living Area Source: Estimated
Exterior
Lot Information
- Lot Size Area: 2657.0
- Lot Size Source: Public Records
- Lot Size Square Feet: 2657.0
- Lot Size Units: Square Feet
- Water Source: Public
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 5
- Sewer: Public Sewer
- Utilities: Cable Available
Unit Information
Unit 2 Details
- Beds Total: 3
- Baths Total: 1
Unit 3 Details
- Beds Total: 3
- Baths Total: 1
Unit 4 Details
- Baths Total: 1
- Description: Minimart - Owner Operated
Unit 5 Details
- Baths Total: 2
- Description: Bar + Kitchen - Owner Operated
Unit 1 Details
- Total Rent: 800.0
- Actual Rent: 800.0
- Beds Total: 1
- Baths Total: 1
- Description: Owner Occupied - can be made into 2bed
701 N Jordan Street Neighborhood
Community
18102 (Allentown City) Demographics
30
Median Age
16,327
Population Density (per sq. mile)
14%
College Educated
$34,538
Estimated Median Income
4,970
Estimated Total Home Owners
11,624
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
701 N Jordan Street Monthly Cost
701 N Jordan Street Market Data
Based on the last 30 days in this zip code
$316,077
Average List Price
$86
Average Price per Square Foot
1
Properties Sold
64
Average Days on Market
9
Properties for Sale
701 N Jordan Street History
| Date | Value | Agent |
|---|---|---|
| 6/26/2026Source: Greater Lehigh Valley MLS | June 26, 2026 |
|
| 6/26/2026Source: Greater Lehigh Valley MLS | June 26, 2026 |