NOT LISTED FOR SALE

40 N 8th St Allentown, PA 18101

Center City Neighborhood
5 Beds
5 Baths
3,372 Sq Ft
2,657 Sq Ft Lot

Last Sold September 01, 2020

Last sale price $360,000 $107 Per Sq Ft

5 Days on Market

About This Home

As of September 2020

Great investment property within the NIZ district. Good cash flow now and future growth in middle of activity and DiVinci Science center planned location. New rubber roof this year. Always fully occupied building. This is a good return on investment now with good growth opportunity as well. Take a look at this solid brick building today. Mostly on street parking but there is a right of way to a parking spot or two in rear of building. Recent City inspection with repairs completed but waiting on reinspection from Covid delay. Seller will respond best to “as is” purchase without doing anymore inspection work.

Last Agent to Sell the Property

Doug Frederick

HowardHanna TheFrederickGroup Listed on: 06/16/2020

HowardHanna TheFrederickGroup

Last Buyer's Agent

nonmember nonmember

NON MBR Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,237

Year Built

  • Built in 1900

Lot Details

  • 2,657 Sq Ft Lot

Home Design

  • Converted Dwelling
  • Brick Exterior Construction

Interior Spaces

  • 3,372 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 2 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 640700258982001

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $1,739
  • Insurance Expense $1,072
  • Water Sewer Expense $1,457
  • Operating Expense $8,120
  • Gross Income $48,120
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,237

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Converted
  • Technology: Smk Detector Battery
  • County Assessment: 173400.00
  • Stories: 3.0
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Features: Fire Escape
  • Bathrooms: Semi Modern
  • Bathrooms: 5
  • Full Bathrooms: 5
  • Bedrooms: 5
  • Square Footage: 3372

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 2

Utilities

  • Cooling: No Air
  • Heat Type: Oil
  • Sewer: Public
  • Water: Public
  • Electric: 1739
  • Gas: 452
  • Heat: 3400
  • Insurance: 1072
  • Water Sewer: 1457

Fee Information

  • Operating Expense: 8120

Schools

  • School District: Allentown

Lot Info

  • Acres: 0.061
  • Lot Sq Ft: 2657
  • Zoning Code: B-2

Tax Info

  • Assessor Parcel Number: 640700258982001
  • County Taxes: 631.18
  • Municipal Taxes: 1125.19
  • Total Taxes: 5237.27

Multi Family

  • School Taxes: 3480.90
  • Total Units: 5
  • Total Unit Count: 5

Range of Values:

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Average Value
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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
09/01/2020 09/01/20 Sold $360,000 -4.0% $107 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $375,000 -- $111 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doug Frederick

    Seller's Agent in 2020

    Doug Frederick

    HowardHanna TheFrederickGroup

    (610) 360-4993

    14 in this area

    235 Total Sales

    Doug Frederick
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 639641

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

40 N 8th St, Allentown, PA

This home is located at 40 N 8th St, Allentown, PA 18101 since 16 June 2020. This property was built in 1900. 40 N 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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