


Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / Listed By: Nicholas Smith, Coldwell Banker Hearthside; George Mosellie, Hearthside
614 N 8th Street Allentown City, PA 18102
Active (3 Days)
$375,000 (USD)
OPEN HOUSE TIMES
-
OPENSat, Aug 1512 noon - 2:00 pm
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OPENSun, Aug 1612 noon - 2:00 pm
Description
*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!
MLS #:
782273
782273
Taxes
$2,559
$2,559
Lot Size
2,012 SQFT
2,012 SQFT
Type
Multifamily
Multifamily
Year Built
1900
1900
School District
Allentown
Allentown
County
Lehigh County
Lehigh County
Community
Not In Development
Not In Development
Listed By
Nicholas Smith, Coldwell Banker Hearthside
George Mosellie, Coldwell Banker Hearthside
George Mosellie, Coldwell Banker Hearthside
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Aug 15 2026 at 5:41 AM GMT+0000
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Aug 15 2026 at 5:41 AM GMT+0000
Bathroom Details
- Full Bathrooms: 3
Subdivision
- Not In Development
Heating and Cooling
- Baseboard
- Electric
Utility Information
- Utilities: Water Source: Public, Cable Available
- Sewer: Public Sewer
Parking
- Parking Pad
Stories
- 3
Living Area
- 2,316 sqft
Location
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