Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mixed-Use Property in Allentown City Title is generated by Realmo AI

    250 E Hamilton Street, Allentown, PA 18109

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $219,900

    MULTI_FAMILY - Allentown City, PA

    Property size:
    1,580 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $139/SF
    Added:
    May 18, 2026
    Days on Market:
    4
    Last Refresh:
    May 21 at 6:06 pm

    Property Features for 250 E Hamilton Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    B-3
    Standard status
    Active
    APN
    640772179755-1
    Size
    1,580 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2500

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1850
    Floors in Building
    2
    Number of units
    2
    Building materials
    VinylSiding

    We can help!

    Listing Contact
    Cesar A. Martinez

    Listing agent Cesar A. Martinez

    Listing office HomeSnipe Real Estate, LLC 740 N 19th Street, Allentown, PA

    Listing date May 18, 2026

    MLS# 777325 Listing URL

    Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Potential multi‑unit, mixed‑use property.
    • Public water source.
    • Public sewer.
    • Vinyl siding construction.
    • Baseboard, electric heating.
    • Window unit(s) cooling.

    Overview

    This mixed-use property is located in Allentown City, Pennsylvania. The property has a building size of 1580 square feet and a lot size of 0.069 acres. It is zoned B-3. This property is being sold as-is and has potential for multi-unit use.

    Financial Insights

    Value Estimation Calculated for Mixed Use

    Conservative
    $171.4K
    NOI $15,429 @ 9.00% cap · cautious / downside scenario
    Moderate
    $220.4K
    NOI $15,429 @ 7.00% cap · market / base-case scenario
    Aggressive
    $308.6K
    NOI $15,429 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
         Calculated for Mixed Use

    Component $ $/SF
    Gross rent $26.5k $16.80
    − Vacancy −$1.9k −$1.18
    EGI $24.7k $15.62
    − OpEx −$9.3k −$5.86
    NOI $15.4k $9.76
    1,580 SF · lease $16.80/SF/yr · vacancy 7.00% · expense 37.50%

    Alternative Use Scenarios

    Best Use
    Mixed Use
    $220.4K
    $192.9K – $257.2K (±1% cap)
    NOI $15,429 @ 7.0% cap · market cap 7.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $310.4K
    $271.6K – $362.1K (±1% cap)
    NOI $21,728 @ 7.0% cap · market cap 9.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Weinstein Supply Allentown ... Kitchen & Bath Showroom

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.449468
    Latitude
    40.608405

    Nearby Similar for Sale

    • $749,000
      3,457 SF

      Allentown Office Building For Sale

      High-visibility office building suitable for owner-user or investment.
      6614 Ruppsville Road, Upper Macungie Twp, PA 18106
      View Details
    • $799,000
      4,228 SF

      Allentown Commercial Investment Opportunity

      Leased commercial building near upcoming waterfront development.
      1007 Union Boulevard, Allentown, PA 18109
      View Details
    • $375,000
      3,057 SF

      Allentown City Office Building For Sale

      Office building near Lehigh County Courthouse and City Hall.
      441 W Linden Street, Allentown City, PA 18102
      View Details
    • $99,000
      10,887 SF

      Turnkey Convenience Store Opportunity

      Well-established convenience store on a high-traffic street. Business only.
      1417 W Chew Street, Allentown City, PA 18102
      View Details
    • $799,000
      4,228 SF

      Allentown Commercial Building For Sale

      Investment opportunity near upcoming Waterfront development on busy Union Blvd.
      1007 UNION Boulevard, ALLENTOWN, PA 18109
      View Details
    • $849,900
      4,280 SF

      Mixed-Use Investment Property, Allentown, PA

      Versatile 3-unit property with commercial and residential income potential.
      1015 W Hamilton Street, Allentown, PA 18101
      View Details
    • $799,000
      4,228 SF

      Allentown City Investment Opportunity

      Leased building near upcoming waterfront development.
      1007 Union Boulevard, Allentown City, PA 18109
      View Details
    • $1,400,000
      6,536 SF

      Allentown Mixed-Use Redevelopment Opportunity

      Mixed-use building in Allentown's NIZ district, suitable for redevelopment.
      911 W Hamilton Street, Allentown City, PA 18101
      View Details
    • $4,500,000

      Allentown Class "A" Office Building

      Class "A" office building in West End Allentown for sale.
      1226-1232 W GREEN Street, ALLENTOWN, PA 18104
      View Details
    • $14
      38,277 SF

      Lower Macungie Industrial Flex Space

      38,000 SF industrial building with flex space available for sale.
      330 Schantz Road, Lower Macungie Twp, PA 18104
      View Details
    • $190,000
      560 SF

      Turnkey Commercial Space, Allentown City

      Renovated commercial space in high-visibility location, ideal for diverse uses.
      849 Jackson Street, Allentown City, PA 18102
      View Details
    • $849,900
      4,280 SF

      Versatile Mixed-Use Investment Property

      Three-unit property with commercial and residential income potential.
      1015 W Hamilton Street, Allentown City, PA 18101
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property for sale in Allentown City, Pennsylvania.
    Where is this mixed-use property located?
    The property is located at 250 E Hamilton Street Allentown, PA.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: Potential multi‑unit, mixed‑use property.; Public water source.; Public sewer.
    (484) 664-2828
    We can help!
    Listing Contact
    Cesar A. Martinez
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    250 E Hamilton Street, Allentown City, PA 18109
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!