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$575,000
8 Days On Site

135 N 8TH STREET
ALLENTOWN, PA 18102

For Sale|Quadruplex|Active
7
Beds
0
Total Baths
1900
Built
County:
LEHIGH
Listing courtesy of eXp Commercial

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267-421-9266
135 N 8TH STREET135 N 8TH STREET135 N 8TH STREET135 N 8TH STREET
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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!

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Listing Snapshot
Price 
$575,000
Days On Site 
8 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.05 Acres
Year Built 
1900
MLS® Number 
PALH2015224
Status 
Active
Property Tax 
$4,029
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.05
Foundation 
Brick/MortarStoneConcrete Perimeter
Parking 
On Street
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Style 
Other
Water Source 
Public
Zoning 
B-2
Interior Features
Appliances 
Electric Water Heater
Flooring 
Ceramic TileVinyl
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Roof 
Shingle
Community Features
MLS Area 
Allentown City (12302)
School District 
ALLENTOWN
Schools
School District
ALLENTOWN
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of eXp Commercial



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Neighborhood & Commute
Source: Walkscore
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