Discover this well maintained 3-unit investment property, perfectly situated in a strategic location. Each unit boasts 2 bedrooms and 1 bathroom, living room, kitchen and a covered front deck, offering comfortable and spacious living. Currently, Units #1 and #3 are rented, while Unit #2 is vacant and ready for occupancy.
This property presents a unique opportunity: to live in Unit 2 rent-free while the rental income from Units 1 and 3 covers your mortgage. Alternatively, rent out all three units and enjoy a substantial annual income of approximately $54,600. This versatile investment combines convenience, comfort, and excellent financial returns of 11%, aprox. Don't miss out on this exceptional opportunity!
Sold for $492,000 on 11/01/24
$492,000
763 S 8th St, Allentown, PA 18103
6beds
3,198sqft
Apartment
Built in 1910
-- sqft lot
$475,100 Zestimate®
$154/sqft
$2,967 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: November 04, 2024 at 05:14pm
Listed by:
Rosa Ylonka Perez 347-432-0612,
IronValley RE of Lehigh Valley
Bought with:
Rosa Ylonka Perez, RS369794
IronValley RE of Lehigh Valley
Source: GLVR,MLS#: 741659
Originating MLS: Lehigh Valley MLS
Originating MLS: Lehigh Valley MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Description: Unit #1
- Level: First
- Dimensions: 14.00 x 12.00
Bedroom
- Description: Unit #1
- Level: First
- Dimensions: 12.00 x 11.00
Bedroom
- Description: Unit #2
- Level: Second
- Dimensions: 14.00 x 12.00
Bedroom
- Description: Unit #2
- Level: Second
- Dimensions: 12.00 x 11.00
Bedroom
- Description: Unit #3
- Level: Third
- Dimensions: 14.00 x 12.00
Bedroom
- Description: Unit #3
- Level: Third
- Dimensions: 12.00 x 11.00
Other
- Description: Unit #1
- Level: First
- Dimensions: 8.00 x 7.00
Other
- Description: Unit #2
- Level: Second
- Dimensions: 7.00 x 8.00
Other
- Description: Unit #3
- Level: Third
- Dimensions: 8.00 x 7.00
Kitchen
- Description: Unit #1
- Level: First
- Dimensions: 10.00 x 7.00
Kitchen
- Description: Unit #2
- Level: Second
- Dimensions: 10.00 x 7.00
Kitchen
- Description: Unit #3
- Level: Third
- Dimensions: 10.00 x 7.00
Living room
- Description: Unit #1
- Level: First
- Dimensions: 12.00 x 11.00
Living room
- Description: Unit #2
- Level: Second
- Dimensions: 12.00 x 11.00
Living room
- Description: Unit #3
- Level: Third
- Dimensions: 12.00 x 11.00
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
Features
- Kitchen Island
- Flooring: Hardwood, Laminate, Resilient
- Basement: Exterior Entry,Full,Walk-Out Access
Interior area
- Total interior livable area: 3,198 sqft
- Finished area above ground: 3,198
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, Off Street, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Balcony, Covered, Deck
- Exterior features: Balcony, Deck
- Has view: Yes
- View description: City Lights
Lot
- Size: 2,221 sqft
- Features: Not In Subdivision
Details
- Parcel number: 640616889069 001
- Zoning: Residential
- Special conditions: None
Construction
Type & style
- Home type: Apartment
- Architectural style: Colonial
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick, Stucco, Wood Siding
- Roof: Other
Condition
- Unknown
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Allentown
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership type: Fee Simple
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$475,100
2% more+$9,502
With Zillow Showcase(estimated)$484,602