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231 8Th Street

Allentown City, PA 18102
  • $995,000
  • STATUS: Available
  • ON SITE: 64 Days
  • MLS #: 705993
UPDATED: 18 min ago
$995,000
  • 12
    BEDS
  • 0.06
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,668
    SQFT
  • $213
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Ratings & Info

School District:

Description

This investment opportunity consists of 5 Fully Renovated Units - (4) 2 Bedroom 1 Bath Residential Units and (1) 4 Bedroom 1 Bath Residential Units The entire building has been luxuriously renovated featuring recessed lighting, new flooring, quartz countertops. All units have electric heat and hot water and electric ranges - all units have separate utilities. The property has frontage facing North 8th Street which is seconds to main thoroughfares into and out of downtown Allentown. Located just blocks from the new downtown development and NIZ Improvement Zone which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. 231 N. 8th Street is an excellent long term yield play. This property is a must see!

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© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2023-02-01T20:13:01.867.
www.smartwayamerica.com/homes/135065947
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231 8Th Street Allentown City, PA 18102

  • Price: $995,000
  • Status: Available
  • On Site: 64 Days
  • Updated: 18 min ago
  • MLS #: 705993
12
Beds
5
Baths
0
½ Baths
0.06
Acres
4,668
SQFT
$213
$/SQFT
1904
Built
Neighborhood:
Old Allentn Historic
County:
Lehigh
Area:
Allentown-Central
School District:
Allentown
Property Description
This investment opportunity consists of 5 Fully Renovated Units - (4) 2 Bedroom 1 Bath Residential Units and (1) 4 Bedroom 1 Bath Residential Units The entire building has been luxuriously renovated featuring recessed lighting, new flooring, quartz countertops. All units have electric heat and hot water and electric ranges - all units have separate utilities. The property has frontage facing North 8th Street which is seconds to main thoroughfares into and out of downtown Allentown. Located just blocks from the new downtown development and NIZ Improvement Zone which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. 231 N. 8th Street is an excellent long term yield play. This property is a must see!
Exterior Features

Construction Brick Lot Dimensions 20 X 135 Parking None Parking Spaces 0

Interior Features

Baths Modern Cooling No Air Heat Type BaseboardElectric

Property Features

Electric 300 Gas 0 Gross Income 93600 Heat 0 Lot Size Source Tax Records Net Income 80521 Operating Expense 13078 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Apartment Style Sewer Public Special Conditions Not Applicable Square Footage Source Tax Records Total Taxes 6028.83 Water Public Water Sewer 0 Zoning Code R-Mh-Medium High Density Residential

Listing provided courtesy of Bhhs Regency Real Estate: .


© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2023-02-01T20:13:01.867.
 
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