Courtesy of Coldwell Banker Hearthside, Nick Smith , (610) 751-8280

614 N 8th Street, Allentown, Pennsylvania, 18102

*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!

Active

$365,000

Condo/ Townhome/ Apartment

5 bds

3 ba

2,316 Sqft

0.05 Acre

MLS

787315

3 Stories

Built in 1900

Not in Development

2558.87 ()

Disclaimer: The information contained in this listing has not been verified by Coldwell Banker Hearthside and should be verified by the buyer.

Information provided by LVMLS

REQUEST MORE INFO

We will never spam you!

I agree to be contacted by the office for real estate purposes via call, email and/or text. Message frequency varies. To opt out, you can reply "stop" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Reply HELP for help. View Terms of Service and Privacy Policy. If you'd like to unsubscribe click here.

ADDRESS & DIRECTIONS

  • Street Address: 614 N 8th Street
  • City: Allentown
  • State: Pennsylvania
  • County: Lehigh
  • Subdivision: Not in Development
  • Directions:
    W on Tilghman - L on 7th - R on Allen - R on 8th

PROPERTY FEATURES

General Information

  • Property Sub-Type Additional : Apartment
  • Zoning : R-Mh-Medium High Density

Heating /Cooling Features

  • Heating : Yes.
  • Heating : Baseboard,Electric

Parking Features

  • Parking Features :
  • Parking Total: 2

Construction Features

  • Construction Materials : Brick

Utility Information

  • Utilities : CableAvailable
  • Water Source : Public
  • Sewer System : PublicSewer

Security Features

  • Security Features : SmokeDetectors

SCHOOLS NEAR 614 N 8th Street

  • Courtesy of Coldwell Banker Hearthside, Nick Smith
  • Property last updated on LVMLS : 11/2/2026 3:10:06 PM