Seller's Agent in 2023
Andrew Ginsburg
BHHS Regency Real Estate
(610) 349-6644
54 in this area
270 Total Sales
231 N 8th St Allentown, PA 18102
Center City Neighborhood
12
Beds
5
Baths
4,668
Sq Ft
2,818
Sq Ft Lot
About This Home
As of April 2023This investment opportunity consists of 5 Fully Renovated Units - (4) 2 Bedroom 1 Bath Residential Units and (1) 4 Bedroom 1 Bath Residential Units The entire building has been luxuriously renovated featuring recessed lighting, new flooring, quartz countertops. All units have electric heat and hot water and electric ranges - all units have separate utilities. The property has frontage facing North 8th Street which is seconds to main thoroughfares into and out of downtown Allentown. Located just blocks from the new downtown development and NIZ Improvement Zone which includes over 1 Billion Dollars of development - the PPL Event Center, Restaurants, Retail, Nightlife, and so much more. 231 N. 8th Street is an excellent long term yield play. This property is a must see!
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,029
Year Built
- Built in 1904
Lot Details
- 2,818 Sq Ft Lot
- Lot Dimensions are 20 x 135
Home Design
- Brick Exterior Construction
Interior Spaces
- 4,668 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Full Bathrooms
Utilities
- No Cooling
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 640701150755001
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $300
- Insurance Expense $4,500
- Trash Expense $1,875
- Operating Expense $13,078
- Gross Income $93,600
- Net Operating Income $80,521
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2023 04/12/23 | Sold | $850,000 | -14.6% | $182 / Sq Ft |
| 02/16/2023 02/16/23 | Pending | -- | -- | -- |
| 11/28/2022 11/28/22 | For Sale | $995,000 | +169.6% | $213 / Sq Ft |
| 07/16/2021 07/16/21 | Sold | $369,000 | -1.6% | $79 / Sq Ft |
| 05/08/2021 05/08/21 | Pending | -- | -- | -- |
| 04/26/2021 04/26/21 | For Sale | $375,000 | -- | $80 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Andrew Ginsburg
-
Jamie Vega Ocasio
Seller's Agent in 2021
Jamie Vega Ocasio
IronValley RE of Lehigh Valley
(610) 310-2324
25 in this area
102 Total Sales
-
Heidy Vega
Seller Co-Listing Agent in 2021
Heidy Vega
I-Do Real Estate
(484) 695-8570
37 in this area
180 Total Sales
-
Anis Lahoud
A
Buyer's Agent in 2021
Anis Lahoud
United RealEstate Strive212 LV
(484) 664-9625
6 in this area
18 Total Sales
Map
Source: Greater Lehigh Valley REALTORS®
MLS Number: 705993
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.
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.
Nearby Homes
- 231 N 8th St Unit 5
- 231 N 8th St Unit 3
- 233 N 8th St
- 229 N 8th St
- 225 N 8th St Unit 227
- 235 N 8th St
- 237 N 8th St
- 237 N 8th St Unit 2
- 237 N 8th St Unit 1
- 238 N 8th St
- 239 N 8th St
- 241 N 8th St
- 737 Oak St
- 242 N 8th St
- 223 N 8th St
- 219 N 8th St Unit 221
- 244 N 8th St Unit 1
- 244 N 8th St
- 735 Oak St
- 7371 N 8th St