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5 Beds
3 Baths
2,316 sqft

$365,000

614 North 8th Street, Allentown City PA, 18102

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

Overview

Active

Listed Aug 13, 2026

Updated 3 weeks 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

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$2,559
Tax Frequency
Annually
Maintenance Expense
$750
55+/Senior Community
No

Courtesy of Coldwell Banker Hearthside with Nick Smith, George J. Mosellie
Listing Contact: (610) 465-5600 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Lehigh Valley Association of REALTORS®, Inc. Real Estate listings held by brokerage firms other than SERHANT. Philadelphia, The Main Line, Bucks County. are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Lehigh Valley Association of REALTORS®, Inc. All rights reserved.

Data last updated 9/20/2026

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