- For Sale $1,275,000
- Property Type Multi-Family
- Property Size 4,916 SF
- Units 6
- Lot Size 0.06 Acre
- Cap Rate % 6.2
- Year Built 1959
- Date Updated Apr 18, 2024
PRIME LOCATION - Located at 132 S 8th Street, this property enjoys a strategic position within walking distance to Hamilton Street, offering tenants convenient access to
shopping, dining, entertainment, and public transportation.
FULLY RENOVATED - This property has undergone extensive renovations, ensuring modern amenities and comforts for tenants while preserving its classic charm. From
updated kitchens and bathrooms to refreshed interiors, every detail has been carefully curated for quality and style.
STABILIZED INVESTMENT - With all units fully occupied and generating stable rental income, this property presents a turnkey investment opportunity for savvy investors
seeking immediate returns.
SIX UNITS - Offering a mix of unit sizes to accommodate various tenant needs, this property comprises six thoughtfully designed units, each featuring ample living space,
natural light, and contemporary finishes.
INCOME POTENTIAL - With its prime location and fully renovated status, this property offers promising income potential for investors looking to capitalize on Allentown's
growing rental market.
LOW MAINTENANCE - With recent renovations and meticulous upkeep, this property requires minimal maintenance, allowing investors to enjoy hassle-free ownership and
maximize returns.
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Attachments
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Contacts
Brandon Ribeiro
Matthews Real Estate Investment Services
Location
Getting Around
-
Walk Score ®
Walker's Paradise (91) -
Transit Score ®
Some Transit (46) -
Bike Score ®
Somewhat Bikeable (26)
- City Allentown, PA
- Neighborhood West Park
- Zip Code 18101
- Market Allentown Bethlehem
Points of Interest
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Cedar Creek Station
3.32 miles
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Zephyr Station
3.54 miles
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Lehigh Valley Transportation Services
3.70 miles
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Sunoco
0.48 miles
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Speedway
0.85 miles
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Gulf
0.87 miles
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SNK Fuels
1.07 miles
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Exxon
1.20 miles
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Citgo
1.20 miles
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Sunoco Gas Station
1.22 miles
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Valero
1.26 miles
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JP Mart
1.33 miles
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Speedway
1.56 miles
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Germania Lot
0.10 miles
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Maple Street Deck
0.15 miles
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Spring Garden Lot
0.19 miles
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Farr Lot
0.21 miles
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Spiral Deck
0.25 miles
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Community Deck
0.28 miles
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Parking Garage
0.31 miles
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ArtsWalk Deck
0.31 miles
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D Lot
0.32 miles
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North Lot
0.34 miles
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Sugar Hill Jazz House
0.11 miles
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Happy Sandwich
0.14 miles
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Bru Daddy's Brewing Co.
0.14 miles
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Venny's Pizza and Restaurant
0.17 miles
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Chickie’s & Pete’s
0.19 miles
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Subway
0.19 miles
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904 West Restaurant & Lounge
0.19 miles
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Bay Leaf Restaurant
0.25 miles
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Bell Hall
0.26 miles
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Tu Mundo
0.27 miles
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Central Elementary School
0.42 miles
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McKinley Elementary School
0.53 miles
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Hursicker School
0.57 miles
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Jefferson Elementary School
0.61 miles
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Jefferson Elementary
0.62 miles
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Cleveland Elementary School
0.65 miles
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Lincoln Early Childhood Center
0.69 miles
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Allentown Central Catholic High School
0.71 miles
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Sacred Heart School
0.73 miles
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Stevens School
0.86 miles
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Nunez Family Daycare
0.55 miles
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Fun House Day Care
0.86 miles
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Sweet Hearts Daycare
1.23 miles
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Adventurous Kids Day Care Center
1.47 miles
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Gummy Bear's Learning Center
1.69 miles
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Little People
1.71 miles
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Playtime Daycare
1.73 miles
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Children's Nest
1.81 miles
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KidsPeace
2.10 miles
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The Cuddle Zone
2.12 miles
Contact Listing Broker
Brandon Ribeiro
Matthews Real Estate Investment Services