114 S 8th St, Allentown, PA 18102

$650,000
6
BD
4
BA

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List Price
$650,000
Days on Market
1
Status
ACTIVE
MLS#
PALH2017288
Bedrooms
6
Bathrooms
4
Full Baths
4
Lot Size (Acres)
0.16
Style
Traditional
Year Built
1880
County
Lehigh
School District
Allentown

Property Description

This large detached 4-unit residential building with 15 detached garages is situated just two blocks from the ADP building and PPL Center in Downtown Allentown. The property offers $87,300 in total annual potential gross income across both the residential units and garage bays. The main residential structure consists of two 2-bedroom apartments and two 1-bedroom apartments, featuring high ceilings and strong natural light throughout. Behind the main building, the 15 detached garages are arranged in two separate blocks of 12 and 3 units, with the garage spaces previously rented at $125 per month per bay. All four residential units and all 15 garages are currently vacant to allow easy access for showings and immediate tenant placement upon purchase. The property is being sold in as-is condition, and a completed presale municipal inspection will be provided in the documents section upon receipt. Property is go-and-show—schedule your tour today!

Additional Information

Area
Allentown City (12302)
Subdivision
Allentown
School District
Allentown
Garage Spaces
15
Heating
Electric Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Full, Unfinished

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Calculator source: Real Geeks

Listing courtesy of KW Empower. Contact:

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