Allentown City, PA 18102,502 N 8th

$487,500

$499,000

2.3%
Est.Price: ?

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Est. payment /mo

7 Beds

4 Baths

4,425 SqFt


SOLD DATE : 01/10/2025

Key Details

Sold Price $487,500

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 4,425 sqft

Price per Sqft $110

Subdivision Not In Development

MLS Listing ID 740432

Sold Date 01/10/25

Bedrooms 7

Full Baths 4

Construction Status Unknown

HOA Y/N No

Year Built 1880

Annual Tax Amount $5,243

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Apartment

Property Description

Unlock the doors to a prime investment with this detached 4-unit building, perfectly situated on a generously sized lot. Recently enhanced with a brand new roof, this property offers three 2-bedroom apartments and a cozy 1-bedroom unit, all poised to deliver consistent rental income.

For the savvy investor, this property is a valuable addition to your portfolio, promising strong returns in a sought-after location. And for those looking to blend lifestyle with investment, live comfortably in one unit while enjoying the steady rental income from the others.

Ideally located next to a convenient laundromat, this property combines practicality with opportunity, making it an unbeatable choice for both investors and owner-occupiers alike.

Location

State PA

County Lehigh

Area Allentown-Central

Direction Airport Rd S - R on American Pkwy - R on W Gordon - R on 8th

Interior

Interior Features Balcony

Heating Baseboard, Gas, Radiator(s)

Cooling None

Fireplace No

Exterior

Parking Features On Street

Utilities Available Cable Available

Water Access Desc Public

Porch Patio

Total Parking Spaces 3

Building

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Allentown

Others

Senior Community No

Tax ID 549792475262 001

Security Features Smoke Detector(s),Fire Escape

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Conventional

Special Listing Condition None

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Listed by Coldwell Banker Hearthside
Bought with IronValley RE of Lehigh Valley
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 360-1137

heather.m@morganelliproperties.com

1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA

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