135 N 8th St, Allentown, PA 18102
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
135 N 8th St,Allentown, PA 18102
$575,000
- 7 Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: james j reardon
Office: exp commercial
MLS#:PALH2015224
Source:BRIGHTMLS
Price summary
- Price:$575,000
About this home
Annual Income: $61,020.00 Net Operating Income (NOI): $48,499.06. Prime Investment Opportunity: Turn-Key 4-Unit 100% occupied Brick Multi-Family in Allentown. Presenting a meticulously maintained, all-brick 4-unit residential building located in the heart of Allentown at 135 N 8th Street. This property offers a robust mix of units and consistent cash flow, making it an ideal addition to a savvy investor's portfolio or a perfect house-hacking opportunity. Right in the heart of the Old Allentown Historic District. Situated just one minute from the vibrant center of Allentown, this property offers a rare combination of historical charm and steady cash flow in one of the city's most sought-after rental corridors.Property Overview This fully occupied multi-family building is a turnkey opportunity for seasoned investors or those looking to expand their portfolio in a high-demand areaFinancial Performance :efficient Expense Ratio: Low owner-paid utilities and well-managed operating costs. Unit Breakdown & Revenue The building features a diverse unit mix to maximize occupancy and appeal to a wide range of tenants. Property Features & Updates Solid Construction: Classic all-brick exterior provides durability and timeless curb appeal with minimal maintenance.Prime Location: Situated in the 18102 zip code, tenants enjoy easy access to downtown Allentown’s amenities, dining, and public transportation.Proven Track Record: Conservative 5% vacancy is already factored into the financial projections, showing a high-performing asset.Investment Summary with a Net Profit of over $48,000 annually, this property stands out as a high-yield asset in a growing market. The heavy lifting has been done—bring your portfolio to the next level with this stable, brick-and-mortar investment.Schedule your private showing today and secure your position in the Allentown rental market. Seller has a lot more properties to sell. 106 N 8th is also listed-1 block away. Looking to expand your portfolio? Like this property all of his properties are fully occupied and all are renovated--not a rug in any of them! Showings will be limited to accomadate tenants. Property will be sold with a cleared CO from the city of Allentown!...
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Home facts
- Year built:1900
- Listing ID #:PALH2015224
- Added:47 day(s) ago
- Updated:June 09, 2026 at 07:32 AM
Rooms and interior
- Bedrooms:7
- Flooring:Ceramic Tile, Engineered Wood, Luxury Vinyl Plank
Heating and cooling
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Architectural Shingle
- Year built:1900
- Lot area:0.05 Acres
- Construction Materials:Brick
- Foundation Description:Brick/Mortar, Concrete Perimeter, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Tax amount:$4,029 (2025)
Parking
- Parking description:On Street
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