765 South 8th Street

Allentown, PA 18103

$300,000
Last Sold Price
8
Beds
5
Baths
4,396 Sq. Ft.
$68 / Sq. Ft.
4,396
Sq. Ft.
$68
per Sq. Ft.

Description

Great Investment Opportunity. 5 Unit Apartment Building in South Allentown. Fully Occupied, consisting of three, 2 bedroom units and two 1 bedroom units. The garage is also rented Separately. Tenants pay Electric, Heat and Hot water. Landlord pays Water, Sewer, Trash, Taxes and Insurance. Gross Income of $48,600 with the net of $38,740. Property did sustain fire damage in 2019 in the 761-763 Lehigh St units but have been totally restored and newly rented. Sale includes 761 and 763 Lehigh Street,...Great Investment Opportunity. 5 Unit Apartment Building in South Allentown. Fully Occupied, consisting of three, 2 bedroom units and two 1 bedroom units. The garage is also rented Separately. Tenants pay Electric, Heat and Hot water. Landlord pays Water, Sewer, Trash, Taxes and Insurance. Gross Income of $48,600 with the net of $38,740. Property did sustain fire damage in 2019 in the 761-763 Lehigh St units but have been totally restored and newly rented. Sale includes 761 and 763 Lehigh Street, all on the same deed.
  1. Listed by Timothy M Mahon • CENTURY 21 Keim

Property Details for 765 South 8th Street

Area
Allentown-South
Sub division
Not in Development

Location

Listing Courtesy of CENTURY 21 Keim

Sold By Steel City Realty

Add your commute
LISTING UPDATED: 04/19/2020 11:33 PM

Property Details for 765 South 8th Street

StatusSold & Settled
MLS #631438
Days on Market8
Taxes$5,918 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1910
CountyLehigh County

Location

Listing Courtesy of CENTURY 21 Keim

Sold By Steel City Realty

Add your commute

Building Information for 765 South 8th Street

Building/Complex765 S 8th StFloor-Stories3Residences5Pet Policy-Year Built1910Building Size-

Payment Calculator

$2,130 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,637

Property Taxes

$493

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 765 South 8th Street

Summary
Location and General Information
  • Directions: South on 8th street over 8th street bridge. Property on left, corner of 8th and Lehigh Streets.
  • School District: Allentown
Parking
  • Parking: Garage
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $734.92
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $1,129.94
  • School Taxes: $4,053.02
  • Total Taxes: $5,917.88
Property
Lot Information
  • Acres: 0.085
  • APN: 640616879840 001
  • Lot Dimensions: 53 x 117
  • Lot Size Source: Tax Records
  • Zoning Code: R Mdr
Property and Assessments
  • County Assessment: $201,900.00
  • Features: Balcony, Fire Escape, Storm Windows, Wall-to-Wall Carpet
  • Property SubType Category: Apartment Style, Row-End Unit
  • Square Footage Source: Tax Records
  • Technology: Cable, Smk Detector Battery
  • Year Built Exception: Unknown
Utilities
  • Cooling: No Air
  • Electric: 360
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 1500
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Stucco
Interior Features
  • Heat: $0
  • Heat Type: Baseboard, Electric
Multi Family
Multi-Family Information
  • Gross Income: $48,600.00
  • Insurance: $2,100
  • Net Income: $38,740.00
  • Operating Expense: $9,860
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 6
  • Total Units: 5
Unit 1
  • Unit Total1 Bedroom: 2
Unit 2
  • Unit Total2 Bedrooms: 3

Property History for 765 South 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 765 South 8th 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
Jefferson El School
PublicK to 5

South Mountain 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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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 CENTURY 21 Keim

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.