132 S 8th St

132 S 8th St, Allentown, PA 18101

  • For Sale $1,275,000
  • Property Type Multi-Family
  • Property Size 4,916 SF
  • Units 6
  • Lot Size 0.06 Acre
  • Cap Rate % 6.2
  • Year Built 1959
  • Date Updated Apr 18, 2024

PRIME LOCATION - Located at 132 S 8th Street, this property enjoys a strategic position within walking distance to Hamilton Street, offering tenants convenient access to

shopping, dining, entertainment, and public transportation.

FULLY RENOVATED - This property has undergone extensive renovations, ensuring modern amenities and comforts for tenants while preserving its classic charm. From

updated kitchens and bathrooms to refreshed interiors, every detail has been carefully curated for quality and style.

STABILIZED INVESTMENT - With all units fully occupied and generating stable rental income, this property presents a turnkey investment opportunity for savvy investors

seeking immediate returns.

SIX UNITS - Offering a mix of unit sizes to accommodate various tenant needs, this property comprises six thoughtfully designed units, each featuring ample living space,

natural light, and contemporary finishes.

INCOME POTENTIAL - With its prime location and fully renovated status, this property offers promising income potential for investors looking to capitalize on Allentown's

growing rental market.

LOW MAINTENANCE - With recent renovations and meticulous upkeep, this property requires minimal maintenance, allowing investors to enjoy hassle-free ownership and

maximize returns. 

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Attachments

Contacts

broker

Brandon Ribeiro

Matthews Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise

  • Transit Score ®

    46/100 Some Transit

  • Bike Score ®

    26/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Allentown, PA
  • Neighborhood West Park
  • Zip Code 18101
  • Market Allentown Bethlehem

Points of Interest

  • Cedar Creek Station

    3.32 miles

  • Zephyr Station

    3.54 miles

  • Lehigh Valley Transportation Services

    3.70 miles

  • Sunoco

    0.48 miles

  • Speedway

    0.85 miles

  • Gulf

    0.87 miles

  • SNK Fuels

    1.07 miles

  • Exxon

    1.20 miles

  • Citgo

    1.20 miles

  • Sunoco Gas Station

    1.22 miles

  • Valero

    1.26 miles

  • JP Mart

    1.33 miles

  • Speedway

    1.56 miles

  • Germania Lot

    0.10 miles

  • Maple Street Deck

    0.15 miles

  • Spring Garden Lot

    0.19 miles

  • Farr Lot

    0.21 miles

  • Spiral Deck

    0.25 miles

  • Community Deck

    0.28 miles

  • Parking Garage

    0.31 miles

  • ArtsWalk Deck

    0.31 miles

  • D Lot

    0.32 miles

  • North Lot

    0.34 miles

  • Renaissance Allentown

    0.23 miles

  • Americus Hotel

    0.30 miles

  • Hamilton Tower

    0.46 miles

  • Mount Airy Hotel

    1.22 miles

  • Rodeway Inn

    1.87 miles

  • Ramada

    2.01 miles

  • Red Roof Inn Allentown South

    2.42 miles

  • Royal Motel

    2.45 miles

  • Super 8

    2.45 miles

  • Howard Johnson

    2.97 miles

  • Sugar Hill Jazz House

    0.11 miles

  • Happy Sandwich

    0.14 miles

  • Bru Daddy's Brewing Co.

    0.14 miles

  • Venny's Pizza and Restaurant

    0.17 miles

  • Chickie’s & Pete’s

    0.19 miles

  • Subway

    0.19 miles

  • 904 West Restaurant & Lounge

    0.19 miles

  • Bay Leaf Restaurant

    0.25 miles

  • Bell Hall

    0.26 miles

  • Tu Mundo

    0.27 miles

  • Central Elementary School

    0.42 miles

  • McKinley Elementary School

    0.53 miles

  • Hursicker School

    0.57 miles

  • Jefferson Elementary School

    0.61 miles

  • Jefferson Elementary

    0.62 miles

  • Cleveland Elementary School

    0.65 miles

  • Lincoln Early Childhood Center

    0.69 miles

  • Allentown Central Catholic High School

    0.71 miles

  • Sacred Heart School

    0.73 miles

  • Stevens School

    0.86 miles

  • Nunez Family Daycare

    0.55 miles

  • Fun House Day Care

    0.86 miles

  • Sweet Hearts Daycare

    1.23 miles

  • Adventurous Kids Day Care Center

    1.47 miles

  • Gummy Bear's Learning Center

    1.69 miles

  • Little People

    1.71 miles

  • Playtime Daycare

    1.73 miles

  • Children's Nest

    1.81 miles

  • KidsPeace

    2.10 miles

  • The Cuddle Zone

    2.12 miles

Frequently Asked Questions

What is the lease rate for 132 S 8th St?

Rental asking rate at 132 S 8th St is $637,500.00/YR.

What is the total square footage of 132 S 8th St?

132 S 8th St totals 4,916 square feet.

When was this property built?

132 S 8th St was built in 1959.

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Contact Listing Broker

broker

Brandon Ribeiro

Matthews Real Estate Investment Services