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.
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Listing Snapshot
Price
$4,950,000
Days On Site
77 Days
Bedrooms
N/A
Inside Area (SqFt)
11,158 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.32 Acres
Year Built
1900
MLS® Number
PALH2012254
Status
Active
Property Tax
$38,863
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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