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Investors and house hackers — the math on this one just got better. We pulled 316 S 8th Street off-market briefly to rehab every unit to rent-ready, and we dropped the price $25K to $274,900. So you're now buying a turnkey, fully vacant 4-unit in one of PA's most renter-hungry markets — 60% of households rent, studios are pulling $875&$1,100/mo and 2-bedrooms are pushing $1,200&$1,500+. Run the numbers: rent-ready from day one means no rehab lift and no lag to cash flow. Lease all four at market for a gross rent roll of $3,825&$4,800+/mo — roughly $45K&$57K a year against a $274,900 buy. Every unit has its own separate electric heat and each tenant pays their own utilities, so operating expenses stay lean and net income stays fat. No utility bills eating your returns. Still maximum flexibility: stack all four for income, or move into the 2-bedroom and let three tenants cover your mortgage while you build equity. And because it's delivered vacant, there are no inherited leases and no inherited headaches — you price every unit at today's market the day you close. Demand in this market isn't slowing. Clean turnkey rental play, rent-ready, priced to move at $274,900. Offers due Friday, July 4th — call or text now to schedule your showing and get the full unit-by-unit numbers. Bring proof of funds or pre-approval with your offer.

Source: BRIGHT MLS, MLS#: PABK2071194

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  • Property Type
    Residential Income
  • Lot
    0.03 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 316 S 8TH STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/25/2026Source: BRIGHT MLS Price Reduction
$274,900 -8.3%
6/25/2026Source: BRIGHT MLS Status Change
ACTIVE
6/1/2026Source: BRIGHT MLS Status Change
TEMP OFF MARKET
4/23/2026Source: BRIGHT MLS Added to Database
April 23, 2026
Listing provided courtesy of Light House Realtors, LLC- MLS# PABK2071194MLS ProviderContact Information: [email protected] - 4842730056