NOT LISTED FOR SALE

101 N Eighth St Allentown, PA 18101

Center City Neighborhood
-- Bed
11 Baths
6,858 Sq Ft
4,704 Sq Ft Lot

Last Sold September 08, 2020

Last sale price $1,400,000 $204 Per Sq Ft

11 Days on Market

Highlights

  • 0.11 Acre Lot
  • Commercial or Retail Space
  • Heating Available

About This Home

As of September 2020

INTRODUCING 101 N 8TH ST, ALLENTOWN
OFFERED AT $1,500,000

This is a great property to add to your investment portfolio!
Offering 7 residential units and 4 commercial units
Fantastic location: Across from Arts Walk, ADP, LVHN-One Center City and just 1 block from the PPL Center
Meticulous Renovations! Each residential unit features vinyl
flooring, split unit heating and a/c, 39" wall cabinets, quartz
counters and stainless steel appliances. Property is presently being leased with a projected Cap Rate of 10%

Last Agent to Sell the Property

Jeffrey Adams

RE/MAX Real Estate License #AB068781 Listed on: 06/26/2020

Last Buyer's Agent

Paula Antario

Twin Rivers Real Estate LLC License #RM423558

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 1900

Lot Details

  • 4,704 Sq Ft Lot
  • Lot Dimensions are 33.5x140

Home Design

  • Commercial or Retail Space
  • Converted Dwelling
  • Stucco Exterior Insulation and Finish Systems
  • Vinyl Construction Material

Interior Spaces

  • 6,858 Sq Ft Home
  • 4-Story Property
  • Fire Escape

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 640700471867 001

Community Details

Overview

  • 11 Units

Building Details

  • Electric Expense $100
  • Insurance Expense $3,000
  • Trash Expense $1,000
  • Water Sewer Expense $2,500
  • Operating Expense $25,000
  • Gross Income $167,700
  • Net Operating Income $142,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,547

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Commercial, Converted
  • County Assessment: 103200.00
  • Stories: 4.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Year Built Exception: Unknown
  • Special Features: None

Interior Features

  • Features: Fire Escape, Rewired
  • Bathrooms: Modern
  • Bathrooms: 11
  • Full Bathrooms: 7
  • Half Bathrooms: 4
  • Square Footage: 6858

Exterior Features

  • Construction: Dryvit, Stucco, Vinyl

Utilities

  • Cooling: Wall AC
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 100
  • Insurance: 3000
  • Trash Removal: 1000
  • Water Sewer: 2500

Fee Information

  • Operating Expense: 25000

Lot Info

  • Acres: 0.108
  • Lot Dimensions: 33.5x140
  • Lot Sq Ft: 4704
  • Zoning Code: B2

Tax Info

  • Assessor Parcel Number: 640700471867 001
  • County Taxes: 390.10
  • Municipal Taxes: 1085.51
  • Total Taxes: 3547.29

Multi Family

  • School Taxes: 2071.68
  • Total Units: 11
  • Total Unit Count: 11

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $1,400,000 -6.7% $204 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $1,500,000 +7.1% $219 / Sq Ft
06/26/2020 06/26/20 For Sale $1,400,000 -- $204 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Adams

    Seller's Agent in 2020

    Jeffrey Adams

    RE/MAX

    (610) 972-5323

    10 in this area

    123 Total Sales

    Jeffrey Adams
    Section Image
  • Paula Antario

    Buyer's Agent in 2020

    Paula Antario

    Twin Rivers Real Estate LLC

    (610) 829-6077

    9 in this area

    79 Total Sales

    Paula Antario
    Section Image
See All Agents

Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 640367

Greater Lehigh Valley REALTORS®
Pennsylvania Lehigh County Allentown 18101 Center City

101 N Eighth St, Allentown, PA

Not Listed for Sale

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