$1,400,000
$1,500,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
6,858 SqFt
SOLD DATE : 09/09/2020
Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,858 sqft
Price per Sqft $204
MLS Listing ID PALH114376
Sold Date 09/09/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,663
Tax Year 2020
Lot Size 4,690 Sqft
Acres 0.11
Lot Dimensions 33.50 x 140.00
Property Description
INTRODUCING 101 N 8TH ST, ALLENTOWN OFFERED AT $1,400,000 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%
Location
State PA
County Lehigh
Area Allentown City (12302)
Zoning B-2
Interior
Hot Water Electric
Heating Hot Water
Cooling Wall Unit, Multi Units
Flooring Vinyl
Heat Source Electric
Exterior
Waterfront N
Water Access N
View City
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allentown
Others
Tax ID 640700471867-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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