614 N 8th Street, Allentown, PA 18102

Allentown
Local realty services provided by:ERA One Source Realty
614 N 8th Street,Allentown City, PA 18102
$365,000
  • 5 Beds
  • 3 Baths
  • 2,316 sq. ft.
  • Multi-family
  • Active
Listed by: nick smith, george j. mosellie
Office: coldwell banker hearthside
MLS#:787315
Source:PA_LVAR

Price summary

  • Price:$365,000
  • Price per sq. ft.:$157.6

About this home

*Investment Opportunity* Welcome to this lucrative investment opportunity nestled in a prime rental location. This 2-unit property promises not only substantial strong rental income but also desirable amenities, making it an ideal addition to any investor's portfolio. The first floor unit is recently vacant and renovated with newer appliances. The unit was being rented for $1500. The occupied second unit offer a spacious renovated 3-bedroom/2-full baths spread between 2nd and 3rd floors. This unit which consists of a practical kitchen and laundry hook ups, is being rented for $1,785. It offers a total net income of $39,420 resulting in an impressive cap rate over 10%! Located in a high-demand rental area, this property minimizes the risk of prolonged vacancies contributing to sustained profitability. You also have the flexibility to owner-occupy one unit & keep one unit rented. Owner is moving out of state and has really invested in this property especially with renovations in the...

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Home facts

  • Year built:1900
  • Subdivision & Development:Not in Development
  • Listing ID #:787315
  • Added:2 day(s) ago
  • Updated:November 05, 2026 at 04:54 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,316 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1900
  • Building area:2,316 sq. ft.
  • Lot area:0.05 Acres
  • Construction Materials:Brick
  • Levels:3 or More Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$365,000
  • Price per sq. ft.:$157.6
  • Tax amount:$2,559

Parking

  • Total parking spaces:2
  • Parking description:Parking Pad

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