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New to the Market
MLS#PALH2015224
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLALLENTOWN

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!

135 N 8th Street | MLS# PALH2015224

This multi-family property located at 135 N 8th Street , Allentown, PA 18102 is currently listed for sale with an asking price of $575,000. N 8th Street is located within the ALLENTOWN school district. Search Allentown real estate on www.homesale.com today.

Upcoming Open Houses

Open House Friday April 24th, 3:00pm - 5:00pm

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.05 Acres
Roof Type: Architectural Shingle
Taxes: $4,029
Year Built: 1900

Feature Descriptions

Accessibility: 2+ Access Exits
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Flooring: Ceramic Tile, Engineered Wood, Luxury Vinyl Plank
Lot Dimensions: 0.05 Acre(S)
Municipality: ALLENTOWN CITY
One Bedroom Units: 3
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 2
Units: 4
Water: Public

Local Schools

School District: ALLENTOWN

Listed By / Shown By

Listed By

Agency Name: eXp Commercial
Agency Phone: 8883977352

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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Estimated Payment

$ 1,783.16 per month $1,279.70 Principal & Interest $335.75 Property Tax $167.71 Homeowner's Insurance

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