EXTREMELY WELL MAINTAINED and RENOVATED/UPDATED 3 UNIT Bldg. 9.25% cap rate!! Solid all brick bldg. Solid interior walls, well-built structure all around. Income-producing property!! Also could LIVE MORTGAGE FREE... rent out 2 units/live in one!! Triple-pane, solid windows throughout each apartment. Lots of light in each and spacious rooms. New motor for the heating unit, annually maintained, roof resurfaced. Several years ago, in great condition. Tenants each pay own gas hot water and stoves. Newer gas hot water heaters. New kitchen floor and gas stove, brand new. New flooring throughout 2nd floor apt. Initial error typo with inputting listing price, was not intentional. The list price on the listing sheet, signed by seller is $172,500. Corrected right away. Rent for 1st floor could easily be $950 per mo. 1st flr unit also has use of basement, washer and drier, through their apartment. Good tenants, long term owner of the building. Retiring.
Off market
$292,100
602 N 8th St, Allentown, PA 18102
2beds
2,600sqft
MultiFamily
Built in 1900
-- sqft lot
$292,100 Zestimate®
$112/sqft
$1,345 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Oil
Cooling
- Wall
Appliances
- Laundry: Wash/Dry Hook-ups
Features
- Windows: Storm Window(s)
Interior area
- Total interior livable area: 2,600 sqft
Property
Parking
- Parking features: Garage - Attached, None
Features
- Exterior features: Brick
Lot
- Size: 1,045 sqft
Details
- Parcel number: 5497932189941
- Zoning: Res cov 3 unit
- Zoning description: Res cov 3 unit
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public
- Water: Public
Community & neighborhood
Security
- Security features: Fire Escape
Location
- Region: Allentown
Other
Other facts
- WaterSource: Public
- Heating: Baseboard, Oil
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Brick
- PetsAllowed: No
- LivingAreaSource: Tax Records
- BuildingFeatures: Storm Windows, Wash/Dry Hook-ups, Fire Escape, Historic
- SecurityFeatures: Fire Escape
- Cooling: Wall Unit(s), No Air
- WindowFeatures: Storm Window(s)
- AboveGradeFinishedAreaSource: Tax Records
- Sewer: Public
- LaundryFeatures: Wash/Dry Hook-ups
- GrossIncome: 29400
- NetOperatingIncome: 16500
- OperatingExpense: 12900
- MlsStatus: Available
- Zoning: Res cov 3 unit
- ZoningDescription: Res cov 3 unit
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$292,100
2% more+$5,842
With Zillow Showcase(estimated)$297,942