702 S 8th Street, Allentown, PA 18103

Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
702 S 8th Street,Allentown City, PA 18103
$499,900
  • - Beds
  • - Baths
  • 3,113 sq. ft.
  • Multi-family
  • Active
Listed by: yadira e. bove
Office: home team real estate
MLS#:767660
Source:PA_LVAR

Price summary

  • Price:$499,900
  • Price per sq. ft.:$160.58

About this home

Turn-key Investment Opportunity in South Allentown! This 4-unit property features THREE 2-bedroom apartments: Units 1 has been renovated with New Kitchen, Bath, and Brand new HVAC system. Unit 3, BRAND NEW approx 1300+/- sq ft, making it an ideal addition to any portfolio. PLUS approx 1800+ sq ft lower level with 2 outside entrances for owner use/storage, or create additional cashflow. Current rents are $1,300/m (long term tenant), $1,500/m, & $1,700/m, totaling $54,000 / yr gross income with Net Income of over $49,000 , that is without including the entire lower level. Recent updates throughout the building include: New Vinyl Facade, New Vinyl Windows throughout, New Decks, New Kitchens w/ Luxury Granite / Quartz Countertops, New Cabinets, New HVAC units (all heat pumps w/ A/C), New Baths, New 4 Meter Gang Electric Service. With the units currently rented, and major improvements already completed, this property offers immediate cash flow without the stress of updates or tenant

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Home facts

  • Year built:1930
  • Listing ID #:767660
  • Added:459 day(s) ago
  • Updated:November 12, 2025 at 04:03 PM

Rooms and interior

  • Living area:3,113 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Forced Air

Structure and exterior

  • Year built:1930
  • Building area:3,113 sq. ft.
  • Lot area:0.08 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$160.58
  • Tax amount:$6,470

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