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135 N 8TH ST, ALLENTOWN - ACTIVE
For Sale: $575,000
MLS: PALH2015224 Beds: 0 Baths: 0 Type: Multi-Family Lot: 0.05 DOM: 36 Days
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Listing Broker: eXp Commercial |
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| 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! |
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| FEATURES / AMENITIES |
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- Heating:Baseboard - Electric
- Heater:Electric
- Cooling:None
- Public Sewer
- Brick
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135 N 8TH ST, ALLENTOWN PA
0 Bedroom(s) | 0 Bathroom(s) | For Sale: $575,000 | MLS Number: PALH2015224 | Property Type: Multi-Family
Provided by: Mancini Realty - www.mancinirealty.com
(Information Above Will Appear At The Top Of The Email That Is Sent to Mancini Realty) |
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