Under contract

135 N 8TH St, Allentown, PA 18102

View property features, location on map, relevant school information and overview from seller's agent.

Listed byeXp Commercial
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Lot size (acres)
0.05
Year built
1900

Exterior features

Horse amenities
Stable

Utilities

Heating
Electric
Cooling
None
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$4,029

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PALH2015224 Last checked:

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