NOT LISTED FOR SALE

139 S 8th St Allentown, PA 18101

Center City Neighborhood
5 Beds
4 Baths
2,640 Sq Ft
2,400 Sq Ft Lot

Last Sold March 30, 2023

Last sale price $425,000 $161 Per Sq Ft

7 Days on Market

About This Home

As of March 2023

Thanks to all agents that showed and gave offers! BEST AND FINAL OFFERS DUE AT 8PM 2/8/2023! Owners recently invested $20K into this all-brick, 4 residential unit stunner located in the heart of Allentown with amazing curb appeal, parking in the rear, and recent improvements including NEW flooring in some units. Offered at 10% cap with 8% Property management included and a CLEAR CO (certificate of occupancy). All units are currently rented below market rent, some tenants are renewing at market rents with one vacancy listed online. The property is a 5-minute walk to center city Allentown, next to new construction luxury apartments, and a couple blocks from the new PPL Event Center, Da Vinci Science Center, Restaurants, Retail, Nightlife, and more. Can be purchased as a portfolio with over 30 other units nearby.

Last Agent to Sell the Property

Joshua Schoenberger

EXP Realty LLC Listed on: 02/01/2023

EXP Realty LLC

Last Buyer's Agent

Mike Uhl

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1890

Lot Details

  • 2,400 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,640 Sq Ft Home
  • 3-Story Property
  • Fire Escape

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640609939210001

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $500
  • Insurance Expense $1,575
  • Maintenance Expense $1,140
  • Manager Expense $4,000
  • Water Sewer Expense $2,000
  • Operating Expense $13,354
  • Gross Income $55,200
  • Net Operating Income $41,846

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,139

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style
  • County Assessment: 128900.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: Semi Modern
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Bedrooms: 5
  • Square Footage: 2640

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Unpaved Lot
  • Parking Spaces: 4

Utilities

  • Cooling: Wall AC
  • Heat Type: Baseboard
  • Sewer: Public
  • Water: Public
  • Electric: 500
  • Insurance: 1575
  • Water Sewer: 2000

Condo/Co-op/Association

  • Maintenance Repair: 1140
  • Management: 4000

Fee Information

  • Operating Expense: 13354

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.055
  • Lot Sq Ft: 2400
  • Zoning Code: R-H-HIGH DENSITY RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 640609939210001
  • County Taxes: 487.00
  • Municipal Taxes: 732.00
  • Total Taxes: 4139.00

Multi Family

  • School Taxes: 2918.00
  • Total Units: 4
  • Total Unit Count: 4

Range of Values:

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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 Change Sq Ft Price
03/30/2023 03/30/23 Sold $425,000 0.0% $161 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $425,000 +41.7% $161 / Sq Ft
01/10/2023 01/10/23 Sold $300,000 -3.2% $114 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $309,900 +113.9% $117 / Sq Ft
12/18/2013 12/18/13 Sold $144,900 -14.7% $60 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $169,900 -- $71 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joshua Schoenberger

    EXP Realty LLC

    (888) 397-7352

    9 in this area

    32 Total Sales

    Joshua Schoenberger
    Section Image

  • S

    Seller's Agent in 2023

    Spiros Dendrinos

    BetterHomes&GardensRE/Cassidon

    (610) 653-3194

    7 in this area

    63 Total Sales

    Spiros Dendrinos
    Section Image

  • M

    Buyer's Agent in 2023

    Mike Uhl

    EXP Realty LLC

    (610) 657-6373

    1 in this area

    18 Total Sales

    Mike Uhl
    Section Image

  • R

    Seller's Agent in 2013

    Robert Miklas

    Miklas Realty

    (484) 239-0269

    1 in this area

    58 Total Sales

    Robert Miklas
    Section Image

  • D

    Buyer's Agent in 2013

    Delphine Raka

    IronValley RE of Lehigh Valley

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 708855

Greater Lehigh Valley REALTORS®

APN: 640609939210-1

Pennsylvania Lehigh County Allentown 18101 Center City

139 S 8th St, Allentown, PA

This home is located at 139 S 8th St, Allentown, PA 18101 since 01 February 2023. This property was built in 1890. 139 S 8th St is a home located in Lehigh County with nearby schools including Jefferson Elementary School, South Mountain Middle School, and William Allen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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