763 South 8th Street
$492,000
6
3
3,198
3,198
$154
Under Agreement
Description
Discover this well maintained 3-unit investment property, perfectly situated in a strategic location. Each unit boasts 2 bedrooms and 1 bathroom, living room, kitchen and a covered front deck, offering comfortable and spacious living. Currently, Units #1 and #3 are rented, while Unit #2 is vacant and ready for occupancy. This property presents a unique opportunity: to live in Unit 2 rent-free while the rental income from Units 1 and 3 covers your mortgage. Alternatively, rent out all three units...Discover this well maintained 3-unit investment property, perfectly situated in a strategic location. Each unit boasts 2 bedrooms and 1 bathroom, living room, kitchen and a covered front deck, offering comfortable and spacious living. Currently, Units #1 and #3 are rented, while Unit #2 is vacant and ready for occupancy. This property presents a unique opportunity: to live in Unit 2 rent-free while the rental income from Units 1 and 3 covers your mortgage. Alternatively, rent out all three units and enjoy a substantial annual income of approximately $54,600. This versatile investment combines convenience, comfort, and excellent financial returns of 11%, aprox. Don't miss out on this exceptional opportunity!
- Listed by Rosa Ylonka Perez • IronValley RE of Lehigh Valley
Property Details for 763 South 8th Street
Area
Allentown-South
StyleColonial
Sub divisionNot in Development
LISTING UPDATED: 08/14/2024 11:22 PM
Property Details for 763 South 8th Street
Status | Under Agreement |
---|---|
MLS # | 741659 |
Days on Market | 31 |
Taxes | $4,072 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Apartment Style |
Year Built | 1910 |
County | Lehigh County |
Building Information for 763 South 8th Street
Building/Complex763 S 8th StFloor-Stories-Pet Policy-Year Built1910Building Size-
Property Information for 763 South 8th Street
Property History for 763 South 8th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 763 South 8th Street
Taxable ValueLand$7,900Additions$119,100Total$127,000
Tax Record2024$4,072 ($339 / month)
Home Facts
Baths3Total Finished SqFt3,198 SqFtAbove Grade Finished SqFt3,198 SqFtStories3Lot Size2,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningR-MHCountyLEHIGHAPN640616889069-1
Schools near 763 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.
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