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5 Beds
3 Baths
2,316 sqft

$365,000

614 N 8th Street, Allentown City PA, 18102

Price per sqft$157.60
Built in1900
Property size2,316 sqft
Property typeCondominium

Overview

Active

Listed Aug 12, 2026

Updated 2 days ago

*Investment Opportunity* Welcome to this lucrative investment opportunity nestled in a prime rental location. This 2-unit property promises not only substantial strong rental income but also desirable amenities, making it an ideal addition to any investor's portfolio. The first floor unit is recently vacant and renovated with newer appliances. The unit was being rented for $1500. The occupied second unit offer a spacious renovated 3-bedroom/2-full baths spread between 2nd and 3rd floors. This unit which consists of a practical kitchen and laundry hook ups, is being rented for $1,785. It offers a total net income of $39,420 resulting in an impressive cap rate over 10%! Located in a high-demand rental area, this property minimizes the risk of prolonged vacancies contributing to sustained profitability. You also have the flexibility to owner-occupy one unit & keep one unit rented. Owner is moving out of state and has really invested in this property especially with renovations in the first floor unit and recent complete roof replacement in 2026. Seize this opportunity to acquire a lucrative investment property with substantial income potential. Whether you're a seasoned investor or exploring your first venture, this property promises attractive returns & enduring value. Schedule a viewing today & unlock the possibilities of real estate investment success!

$2,428/mo

Est. mortgage payment based on a $365,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
782273
Available since
August 12, 2026

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$2,559
Tax Frequency
Annually

 

Courtesy of Nicholas Smith

Based on information from DASH - Coldwell Banker (CB) as of 10/10/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 9:13 AM UTC, 10/10/2026

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