Allentown pa factory building 22'453sf $500k
Also in old allentown historic district / zillow w Birdseye
Approved for 15 residential condos. That's about 1500sf ea with no common areas left over. Elevator, garage, 10 - 12' ceilings, stairwell. $500,000.00 divided by 15 = $33,333.00 with no improvements. As rentals 15 x say $1000.00 pr mo (round number if you could get that) = $15,000.00 per month, $180,000.00 annual. Most desirable as a live work artists space. 3.5 floors means the top 6,000sf (4th floor has a pitched ceiling w a couple of dormers. Based on visual appearance.)
Same building, two different listings/prices. And there are 36 parking spots. Cool!
I think one is a zillow estimate. I'm working with an I pad and it kicks to the zillow app. But it's cool for sure.
SCARY to me, but maybe a dream come true
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Also in old allentown historic district / zillow w Birdseye
- bill 4-18-2012 2:01 pm
Approved for 15 residential condos. That's about 1500sf ea with no common areas left over. Elevator, garage, 10 - 12' ceilings, stairwell. $500,000.00 divided by 15 = $33,333.00 with no improvements. As rentals 15 x say $1000.00 pr mo (round number if you could get that) = $15,000.00 per month, $180,000.00 annual. Most desirable as a live work artists space. 3.5 floors means the top 6,000sf (4th floor has a pitched ceiling w a couple of dormers. Based on visual appearance.)
- bill 4-18-2012 2:44 pm [add a comment]
Same building, two different listings/prices. And there are 36 parking spots. Cool!
- Justin (guest) 4-18-2012 4:10 pm [add a comment]
I think one is a zillow estimate. I'm working with an I pad and it kicks to the zillow app. But it's cool for sure.
- bill 4-18-2012 4:42 pm [add a comment]
SCARY to me, but maybe a dream come true
- Skinny 4-18-2012 11:45 pm [add a comment]