113 South 8th Street Unit 111
Allentown City, PA 18102
- 7 beds
- 4 baths
- – sqft
- 1900 build
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ATTENTION INVESTORS- Looking for a VALUE ADD OPPORTUNITY??...Welcome to 111-113 S 8th Street! FOUR UNIT Commercial Mixed Use located in a prime location of Center City with lots of new development. New gas water heaters and new roof replaced in 2021 on one side of the building. Three of the Four Units are fully occupied with leases in place. First floor one bedroom unit has been completely renovated in 2023 and rents for $1020. Commercial store rents for $1480 and has a lease with 10% increases per year til 2026.Business is not included with the sale.Three bedroom unit above the store rents below market rent at $985 -projected rent should be $1395. Second floor four bedroom unit is vacant and needs renovation since last tenant moved out. Seller has priced building accordingly. Buyer will be responsible for the City of Allentown CO and building is being sold "as is". Note: Property includes both 111 and 113 S 8th which are on separate deeds but are being sold together.
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Last updated Dec 6, 2024
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MLS# 733206 —
The Building
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Year Built:1900
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Year Built Exception:Unknown
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Construction:Brick, Other
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Unit:111
Location
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Area:Allentown-South
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Apartment Style, Commercial, Mixed Use
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Zoning Code:R-H-High Density Residential
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$6,911.02
Beds
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Bedrooms:7
Baths
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Baths:4
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Full Baths:4
Heating & Cooling
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Heat:No
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Cooling:No Air
Utilities
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Water:Public
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Water/Sewer:1800
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Sewer:Public
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Gas:No
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Electric:375
Schools
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School District:Allentown
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Parking Spaces:2
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Garage:Off & On Street, Parking Pad
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/19/24
Apr 19, 2024
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Sold | GLVR | $432,000 | -7.6% |
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2/22/24
Feb 22, 2024
|
Listed / Active | GLVR | $467,500 |
