401 North 8Th Street
Allentown City, PA 18102
- – beds
- – baths
- 3,876 sqft
- 1,437 sqft lot
- $128 per sqft
- 1885 build
Welcome to this 4-unit mixed-use Investment Property. The 3 residential units are fully occupied and consist of two, 1BR units that are above the commercial space at 401 N 8th, and a 4BR SFH at 403 N 8th St, all on one parcel. The commercial space is undergoing final renovations and has a tenant lined up for January 2025, making this a prime turnkey investment for someone to begin investing or expand on their current portfolio. Minimal expenses and a high demand location make this property an opportunity to invest in Allentown's thriving rental market.
Last checked:
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Last updated Nov 4, 2024
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MLS# 747103 —
The Building
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Year Built:1885
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Construction:Brick
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Stories:3.0
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SqFt:3,876 Sqft
Location
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Area:Allentown-Central
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:Commercial, Duplex/Both Halves, Mixed Use
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Zoning Code:R-MH-MEDIUM HIGH DENSITY RESIDENTIAL
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Lot SqFt:1437
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Acres:0.033
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$4,722.67
Heating & Cooling
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Heat:No
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Cooling:Window ACs
Utilities
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Water:Public
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Water/Sewer:2000
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Sewer:Public
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Gas:No
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Electric:500
Schools
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School District:Allentown
The Community
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Subdivision:Old Allentn Historic
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Association:Lehigh Valley MLS
Parking
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Garage:None
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/4/24
Nov 4, 2024
|
Listed / Active | GLVR | $499,000 | 46.8% (19.9% / YR) |
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6/30/22
Jun 30, 2022
|
GLVR | $340,000 | ||
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3/30/22
Mar 30, 2022
|
GLVR |
