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.
PALH2001934
Mixed Use, Business Opportunities, Other
LEHIGH
1900
0.32
Acres
Public
Brick
Public Sewer
11,158
Sq. Ft.
21 Total
Interior Features
- Cooling
- Central Air
- Heating
- Gas Heat. Hot Water.
- Additional Interior Features
- Elevator
Exterior / Lot Features
- Parking
- 40 Parking Spaces.
- Exterior
- Brick
- Lot View
- City
- Lot Dimensions
- 60.75 x 230.00
Financial Considerations
549790706678-00001
$28,755
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