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Image 1 - 502 504 N 8th, Allentown, Pennsylvania, 18102 - House for sale
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N Th, Allentown, Home For Sale
502 504 N 8th, Allentown, Pennsylvania, 18102

N Th, Allentown, Home For Sale

house for sale
Listed: 06/29/24

502 504 N 8th, Allentown, Pennsylvania, 18102

7 Bed:
4 Bath:
4,425 Sq Ft Living Area:
Save
Price
$ 580,000

About This House

Discover an outstanding investment opportunity with this detached 4-unit building situated on a large lot. This well-maintained property features three spacious 2-bedroom apartments and one comfortable 1-bedroom apartment, making it ideal for generating consistent rental income. Great property to add to your portfolio with a 7.5% cap rate, or live in one unit and have income off the others!

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7th Street Housing & Living

Household Income

Median household income: $38,522
Number of households: 41,935
The average household income in Allentown, PA grew from $37,256 to $38,522 in the past year. This data is an estimate based upon 41,935 households in Allentown, PA.
The chart below presents how household income is distributed in Allentown, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Allentown, PA compared to median property taxes around the country. The prevalent amount of property taxes in Allentown, PA equals $3k+ , which is more than the national average.