LKV Realty
Logo
$375,000
$1,900Reward *
614 N 8th Street, Allentown City, PA 18102Listing ID 782273

614 N 8th Street, Allentown City, PA 18102

Active
Not in Development
Time on site: 6 daysLast updated: 1 day ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Apartment
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
3
Square Feet
Square Feet
2,316
Acres
Acres
0.05
Days on Site
Days on Site
6
Cooling
Cooling
None
Heating
Heating
Baseboard, Electric
Year Built
Year Built
1900
Stories
Stories
3
Parking
Parking
Parking Pad

*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. The first floor unit is recently vacant and renovated with newer appliances. The unit was being rented for $1500. The occupied second unit offer a spacious renovated 3-bedroom/2-full baths spread between 2nd and 3rd floors. This unit which consists of a practical kitchen and laundry hook ups, is being rented for $1,785. It offers a total net income of $39,420 resulting in an impressive cap rate over 10%! 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. Owner is moving out of state and has really invested in this property especially with renovations in the first floor unit and recent complete roof replacement in 2026. 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!

Property Information

Property Details

Location

Address
614 N 8th Street
County
Lehigh
City
Allentown City
Zip Code
18102
Subdivision
Not in Development
School District
Allentown
MLS Area
Allentown-Central

Interior Features

Beds and Baths

Bedrooms
5
Full Bathrooms
3

Building

Building Information

Square Feet
2,316
Year Built
1900
Stories
3
Construction
Brick
Condition
Unknown

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$2,559
Coldwell Banker Hearthside, (610) 465-5600

Market Report for 18102

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Greater Lehigh Valley REALTORS®
Greater Lehigh Valley REALTORS® logo

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but is not guaranteed accurate by the MLS.

For corrections to this data please contact Brytecore MLS Support.

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