135 N 8TH ST, Allentown, PA 18102
135 N 8TH ST, Allentown, PA 18102
135 N 8TH ST, Allentown, PA 18102
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Steven Pagan

Steven Pagan

+1(609) 631-5668
Listed by james Reardon • eXp Commercial
$575,000
Est. payment /mo
2,220 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALH2015224

Style Other

Year Built 1900

Annual Tax Amount $4,029

Tax Year 2025

Lot Size 2,220 Sqft

Acres 0.05

Lot Dimensions 19.00 x 120.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Annual Income: $61,020.00 Net Operating Income (NOI): $48,499.06. Prime Investment Opportunity: Turn-Key 4-Unit 100% occupied Brick Multi-Family in Allentown. Presenting a meticulously maintained, all-brick 4-unit residential building located in the heart of Allentown at 135 N 8th Street. This property offers a robust mix of units and consistent cash flow, making it an ideal addition to a savvy investor's portfolio or a perfect house-hacking opportunity. Right in the heart of the Old Allentown Historic District. Situated just one minute from the vibrant center of Allentown, this property offers a rare combination of historical charm and steady cash flow in one of the city's most sought-after rental corridors.Property Overview This fully occupied multi-family building is a turnkey opportunity for seasoned investors or those looking to expand their portfolio in a high-demand areaFinancial Performance :efficient Expense Ratio: Low owner-paid utilities and well-managed operating costs. Unit Breakdown & Revenue The building features a diverse unit mix to maximize occupancy and appeal to a wide range of tenants. Property Features & Updates Solid Construction: Classic all-brick exterior provides durability and timeless curb appeal with minimal maintenance.Prime Location: Situated in the 18102 zip code, tenants enjoy easy access to downtown Allentown's amenities, dining, and public transportation.Proven Track Record: Conservative 5% vacancy is already factored into the financial projections, showing a high-performing asset.Investment Summary with a Net Profit of over $48,000 annually, this property stands out as a high-yield asset in a growing market. The heavy lifting has been done—bring your portfolio to the next level with this stable, brick-and-mortar investment.Schedule your private showing today and secure your position in the Allentown rental market. Seller has a lot more properties to sell. 106 N 8th is also listed-1 block away. Looking to expand your portfolio? Like this property all of his properties are fully occupied and all are renovated--not a rug in any of them! Showings will be limited to accomadate tenants. Property will be sold with a cleared CO from the city of Allentown!

Location

State PA

County Lehigh

Area Allentown City (12302)

Zoning B-2

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Ceramic Tile, Engineered Wood, Luxury Vinyl Plank

Fireplace N

Heat Source Electric

Exterior

Water Access N

Roof Type Architectural Shingle

Accessibility 2+ Access Exits

Garage N

Building

Foundation Brick/Mortar, Stone, Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Allentown

Others

Tax ID 640701216295-00001

Ownership Fee Simple

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)

Nearby Locations

Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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