Discover an opportunity to invest in a prime property of 10 units in the heart of Allentown. This enticing property includes eight cozy studio apartments and three one-bedroom apartments. Enjoy the added convenience of two off-street parking spaces. This property comes with a Certificate of Occupancy. Unlock the potential of this income-generating gem, as it can generate a remarkable gross income exceeding $110,000 per year. Don't miss out on this outstanding investment!
Sold for $949,500
$949,500
120 N 8th St, Allentown, PA 18102
10beds
5,553sqft
Multi Family, Apartment
Built in 1870
-- sqft lot
$721,500 Zestimate®
$171/sqft
$1,222 Estimated rent
Home value
$721,500
$628,000 - $830,000
$1,222/mo
Zestimate® history
Owner options
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$1,222/mo
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$1,222/mo
Rent Zestimate®
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$6,150/mo
Est. payment
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$6,150/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jessie Cevallos 610-504-0337,
BetterHomes&GardensRE/Cassidon
Bought with:
Gary Elbert, RS205118L
Bellman & Radcliff
Source: GLVR,MLS#: 717636
Originating MLS: Lehigh Valley MLS
Originating MLS: Lehigh Valley MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Baseboard, Electric
Cooling
- None
Features
- Fireplace
- Has fireplace: Yes
Interior area
- Total interior livable area: 5,553 sqft
Property
Parking
- Total spaces: 2
- Parking features: None
Features
- Stories: 3
Lot
- Size: 4,094 Square Feet
- Dimensions: 36 x 115
Details
- Parcel number: 640700186987001
- Zoning: B-2-CENTRAL BUSINESS
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in Development
Location
- Region: Allentown
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $218,400
- Annual tax amount: $7,094
- Date on market: 8/7/2023
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2023 | Sold | $949,500-1.6%$171/sqft |
Source:  GLVR #717636 Report a problem | ||
| 6/7/2023 | Pending sale | $965,000$174/sqft |
Source: GLVR #717636 Report a problem | ||
| 5/19/2023 | Listed for sale | $965,000$174/sqft |
Source: GLVR #717636 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Old Allentown Historic District
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Nearby schools
GreatSchools rating
- 5/10Central Elementary STREAM AcademyGrades: K-5Distance: 0.1 mi
- 2/10Francis D Raub Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10William Allen High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Allentown
Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$721,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$721,500
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