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Sold for $295,000
    • $295,000

    614 N 8th St, Allentown, PA 18102

    5beds
    2,316sqft
    Townhouse, Single Family Residence
    Built in 1900
    2,003 Square Feet Lot
    $337,100 Zestimate®
    $127/sqft
    $2,425 Estimated rent

    Home value

    $337,100

    $320,000 - $354,000

    $2,425/mo

    Zestimate® history
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    What's special

    Laundry areaNewer appliancesModern kitchen
    *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. Currently housing a tenant occupied 2-bedroom/1-bath 1st Fl unit with 2 off-street parking spots plus access to the basement for laundry that's rented at $1,250. The vacant spacious renovated 3-bedroom/2-full baths 2nd Fl unit consists of a modern kitchen with newer appliances plus a laundry area that can be easily rented for $1,850. It offers a total net income of $32,585 resulting in an impressive 11% cap rate! 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. Seize this opportunity to acquire a lucrative investment property with substantial income potential. Whether you're a seasoned investor or exploring your first venture, this property promises attractive returns & enduring value. Schedule a viewing today & unlock the possibilities of real estate investment success! The seller will provide a clear certificate of occupancy from the City of Allentown.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rick Matos 484-515-8705,

    IronValley RE of Lehigh Valley

    Bought with:

    George J. Mosellie, RS351305

    Coldwell Banker Hearthside

    Source: GLVR,MLS#: 734797MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Bedroom
    • Description: 1st Fl apt
    • Level: First
    Bedroom
    • Description: 1st Fl apt
    • Level: First
    Bedroom
    • Description: 2nd Fl apt
    • Level: Second
    Bedroom
    • Description: 2nd Fl apt
    • Level: Third
    Bedroom
    • Description: 2nd Fl apt
    • Level: Third
    Other
    • Description: 1st Fl apt
    • Level: First
    Other
    • Description: 2nd Fl apt
    • Level: Second
    Other
    • Description: 2nd Fl apt
    • Level: Third
    Kitchen
    • Description: 1st Fl apt
    • Level: First
    Laundry
    • Description: 1st Fl apt
    • Level: Basement
    Laundry
    • Description: 2nd Fl apt - washer machine hookup
    • Level: Second
    Living room
    • Description: 1st Fl apt
    • Level: First
    Living room
    • Description: 2nd Fl apt
    • Level: Second
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Double Oven, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Breakfast Area, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen
    • Flooring: Carpet, Laminate, Luxury Vinyl, Luxury VinylPlank, Resilient, Tile
    • Basement: Full,Other
    Interior area
    • Total interior livable area: 2,316 sqft
    • Finished area above ground: 2,316
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, On Street
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    Lot
    • Size: 2,003 Square Feet
    Details
    • Parcel number: 549793233003001
    • Zoning: R-MH-MEDIUM HIGH DENSITY
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Not in Development
    Location
    • Region: Allentown

    Financial & listing details

    • Price per square foot: $127/sqft
    • Tax assessed value: $78,700
    • Annual tax amount: $2,540
    • Date on market: 3/22/2024
    • Cumulative days on market: 9 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA
    • Ownership type: Fee Simple

    Price history

    DateEventPrice
    5/10/2024Sold$295,000$127/sqft
    Source: GLVR #734797 Report a problem
    3/30/2024Pending sale$295,000$127/sqft
    Source: GLVR #734797 Report a problem
    3/22/2024Price change$295,000+118.7%$127/sqft
    Source: GLVR #734797 Report a problem
    9/15/2017Listed for sale$134,900+285.4%$58/sqft
    Source: BHHS Fox & Roach - Coopersburg #557810 Report a problem
    10/29/2012Sold$35,000-22.2%$15/sqft
    Source: GLVR #436364 Report a problem
    9/29/2012Price change$45,000-23.6%$19/sqft
    Source: Home Team Real Estate #436364 Report a problem
    9/27/2012Price change$58,900-9.4%$25/sqft
    Source: Home Team Real Estate #436364 Report a problem
    8/23/2012Listed for sale$65,000-40.4%$28/sqft
    Source: Home Team Real Estate #436364 Report a problem
    11/5/2011Listing removed$750
    Source: Affinity Property Management and Realty Report a problem
    11/4/2011Price change$750-11.8%
    Source: Affinity Property Management and Realty Report a problem
    5/20/2011Listed for rent$850
    Source: Weichert Realtors #409768 Report a problem
    12/22/2010Sold$109,000$47/sqft
    Source: Public Record Report a problem
    8/6/2010Price change$109,000-0.9%$47/sqft
    Source: Weichert Realtors #367706 Report a problem
    8/1/2010Price change$110,000-18.5%$47/sqft
    Source: Weichert Realtors #352619 Report a problem
    4/24/2010Price change$135,000+5.5%$58/sqft
    Source: Weichert Realtors #352619 Report a problem
    3/21/2010Price change$128,000-1.5%$55/sqft
    Source: Weichert Realtors #352619 Report a problem
    2/26/2010Price change$129,900-3.8%$56/sqft
    Source: Weichert Realtors #352619 Report a problem
    2/2/2010Listed for sale$135,000+145.5%$58/sqft
    Source: Weichert Realtors #352619 Report a problem
    8/21/2009Sold$55,000-44.9%$24/sqft
    Source: Public Record Report a problem
    4/10/2009Listing removed$99,900$43/sqft
    Source: Listhub #5489282 Report a problem
    4/3/2009Listed for sale$99,900+24.9%$43/sqft
    Source: Listhub #5489282 Report a problem
    9/27/2005Sold$80,000+400%$35/sqft
    Source: Public Record Report a problem
    2/11/2002Sold$16,000$7/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,282 $78,700
    2024$4,282 $78,700
    2023$4,282 $78,700
    2022$4,282 +3.4%$78,700
    2021$4,143 +1.5%$78,700
    2020$4,080 +11278.1%$78,700
    2019$36 +1.6%$78,700
    2018$35 $78,700
    2017-- $78,700
    2016-- $78,700
    2015-- $78,700
    2014-- $78,700 +147.5%
    2012-- $31,800
    2011-- $31,800
    2010-- $31,800
    2009-- $31,800
    2008-- $31,800
    2007-- $31,800
    2006-- $31,800
    2005-- $31,800
    2004-- $31,800
    2003-- $31,800
    2000-- $31,800
    Find assessor info on the county website

    Neighborhood: 8th Ward

    Nearby homes

    Nearby schools

    GreatSchools rating
    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
    $337,100
    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
    $337,100

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