Investor opportunity in Slatington offering strong in-place income and an attractive return profile. This fully occupied 3-unit property generates $43,200 in annual rental income, reflecting an approximate 8.6% cap rate at the current list price. Each unit features a private balcony or deck, enhancing tenant appeal and retention. Current rents are $1,050/month (Unit 1), $1,100/month (Unit 2), and $1,450/month (Unit 3). Units 1 and 3 have been recently renovated, providing a desirable mix of updated interiors and stable tenancy. Additional highlights include on-street parking and a convenient location within the Northern Lehigh School District, close to shopping, dining, and major routes. A turnkey investment opportunity with immediate cash flow and upside potential-ideal for both seasoned investors and those looking to expand their portfolio.
| MLS # | 779672 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 111 |
| Listing Provided By | BHHS Fox & Roach Macungie | Glen R. Paisley |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,351 |
| Zoning | C |
| Acreage | 0.09 |
| Property View | Yes |
| Lot Features | Flat |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Tax Annual Amount | 5283.59 |
|---|
| Community Features | Curbs |
|---|
| State | PA |
|---|---|
| County | Lehigh |
| City | Slatington Boro |
| Zip Code | 18080 |
| Area | Slatington |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $445,000 low | high Med: $299,000 sqft: 3,351 low | high Med: 1,846 $ / sqft: $133 low | high Med: $162 On site: 111 low | high Med: 2 | |
| State | PA |
|---|---|
| County | Lehigh |
| City | Slatington Boro |
| Zip Code | 18080 |
| Area | Slatington |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $445,000 low | high Med: $299,000 sqft: 3,351 low | high Med: 1,846 $ / sqft: $133 low | high Med: $162 On site: 111 low | high Med: 2 | |