502 N 8th Street
Allentown City, PA 18102
Map
- 7 beds
- 4 baths
- 4,425 sqft
- $107 per sqft
- 1900 build
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BAD WEATHER ALERT! IMPENDING STORM 3/12. We will not be doing a tour now Saturday. We do have offers in hand and you can send one --all to be reviewed Sunday 3/13 with the seller. 4 unit building in Historic Allentown with $55K Gross, $43K Net income, and listed at a 9% cap. Three 2-BR apartments and one 1-BR. All apartments are spacious with large bedrooms and plenty of sunlight. No walk-through bedrooms. The largest apartment is being renovated and will rent for around $1400 (owner completing items). Increase the net income by raising rents and putting in all-electric baseboard heating as the owner pays gas heat in 3 apartments. The property will be sold with a CLEAR Certificate of Occupancy. Cash offers hold the most weight. Listing agents must be present for showings and showings are limited due to Covid. We are getting so much interest and want to be considerate to the tenants.
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Last updated Jun 15, 2025
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MLS# 688483 —
The Building
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Construction Materials:Brick
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Year Built:1900
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Number Of Units Total:4
Interior
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Interior Features:Balcony
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Stories:3
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Stories Total:3
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Flooring:Hardwood
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Living Area:4425.0
Financial & Terms
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Listing Terms:Cash,Conventional
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Buyer Financing:Conventional
Location
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Longitude:-75.477237
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Latitude:40.608704
The Property
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Property Type:ResidentialIncome
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Property Sub Type:Apartment
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Zoning:R-MH-MEDIUM HIGH DENSITY
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Parcel Number:549792475262001
Listing Agent
- Contact info:
- Agent phone:
- (888) 397-7352
- Office phone:
- (888) 397-7352
Taxes
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Tax Annual Amount:$5,067.18
Beds
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Bedrooms Total:7
Baths
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Bathrooms Full:4
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Bathrooms Total:4
The Listing
Heating & Cooling
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Cooling:WindowUnits
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Cooling:true
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Heating:Baseboard,Gas,Radiators
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Heating:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Middle School District:Allentown
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High School District:Allentown
The Community
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Subdivision Name:Not In Development
Parking
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Parking Features:OffSite
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Parking Total:3.0
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/10/25
Jan 10, 2025
|
GLVR | $487,500 | 2.6% (1.0% / YR) | |
|
5/19/22
May 19, 2022
|
Sold | GLVR | $475,000 |
