128 North Eighth Street

Allentown, PA 18101

$4,950,000
Price
Beds
48,160 Sq. Ft.
$103 / Sq. Ft.
48,160
Sq. Ft.
$103
per Sq. Ft.

Description

The Versailles Loft Apartments epitomize a remarkable conversion from a former warehouse into an elegant residential and commercial space in Allentown. Acquired by a New Jersey architectural firm in 2008, the once Mayflower Moving Company warehouse underwent an extensive renovation, resulting in 16 loft apartments inspired by the style of New York City's SoHo district. The inclusion of a commercial space on the ground floor adds versatility to the building and contributes to the lively atmosphere...The Versailles Loft Apartments epitomize a remarkable conversion from a former warehouse into an elegant residential and commercial space in Allentown. Acquired by a New Jersey architectural firm in 2008, the once Mayflower Moving Company warehouse underwent an extensive renovation, resulting in 16 loft apartments inspired by the style of New York City's SoHo district. The inclusion of a commercial space on the ground floor adds versatility to the building and contributes to the lively atmosphere of downtown Allentown. At the zenith of this architectural marvel is the breathtaking 3400-square-foot Penthouse, boasting unrivaled luxury and panoramic views of the cityscape. With its distinctive fusion of historical charm and modern elegance, the Versailles Loft Apartments serve as a testament to the successful repurposing of urban spaces and the dedication to enhancing the quality of life in downtown Allentown. The portfolio package comprises MLS listings 733680, 733625, and 733690.
  1. Listed by Jose Ortiz • I-Do Real Estate

Property Details for 128 North Eighth Street

Area
Allentown-Central
Sub division
Old Allentn Historic

Location

Listing Courtesy of I-Do Real Estate
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LISTING UPDATED: 03/29/2024 11:05 AM

Property Details for 128 North Eighth Street

StatusAvailable
MLS #733625
Days on Market48
Taxes$44,234 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1930
CountyLehigh County

Location

Listing Courtesy of I-Do Real Estate
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Building Information for 128 North Eighth Street

Building/Complex128 N Eighth StFloor-Stories5Residences17Pet Policy-Year Built1930Building Size-

Payment Calculator

$30,700 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,014

Property Taxes

$3,686

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 128 North Eighth Street

Summary
Location and General Information
  • Directions: Located amidst Linden St and Turner St.
  • School District: Allentown
Parking
  • Garage: Off & On Street, Parking Garage
  • ParkingSpaces: 24
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $5,316.57
  • Lawn Snow Removal: $0
  • Maintenance Repair: $4,000
  • Management: 0
  • Municipal Taxes: $7,070.15
  • School Taxes: $31,847.66
  • Total Taxes: $44,234.38
Property
Lot Information
  • Acres: 0.216
  • APN: 640700098771
  • Lot Dimensions: 49.75 x 128 Irreg
  • Lot Size Source: Tax Records
  • Zoning Code: B-2-CENTRAL BUSINESS
Property and Assessments
  • County Assessment: $1,406.50
  • Features: Balcony, Disposal, Fire Escape, Handicap Equipped, Historic, Intercom, Rewired, Wall-to-Wall Carpet, Wash/Dry Hook-ups, Whirlpool/Jetted Tub
  • Property SubType Category: Apartment Style
  • Square Footage Source: Tax Records
  • Technology: Cable, DSL, Intercom, Security Cameras, Security System, Smk Detector Battery, Smoke Detector Wired
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Central AC
  • Electric: 6216
  • Gas: $360
  • Sewer: Public
  • Water: Public
  • Water Sewer: 2200
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Heat: $0
  • Heat Type: Electric, Forced Air
Multi Family
Multi-Family Information
  • Gross Income: $333,696.00
  • Insurance: $26,500
  • Net Income: $248,421.00
  • Operating Expense: $85,275
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 1
  • Total Units: 17

Property History for 128 North Eighth Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 128 North Eighth Street

This home is within Allentown City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Central El School
PublicK to 5

Francis D Raub Middle School
Public6 to 8

William Allen High School
Public9 to 12

Building 21 Allentown
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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128 North Eighth Street is a multi-family home for sale in Allentown, PA 18101. This property was listed for sale on March 11, 2024 by I-Do Real Estate, it's currently listed at $4,950,000. It has been on the market for a total of 48 days and was last sold on January 4, 2018. This listing's school district is Allentown City School District. Nearby schools include Central El School, Francis D Raub Middle School and William Allen High School. 128 North Eighth Street is a 0-bed, 0-bath, 48,160 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of I-Do Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.