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$445,000
6 Beds
- 3 Baths
3 full baths
3,351sqft
251 Main St, Slatington Boro, PA 18080
$445,000
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Apartment
Built in 1905
$-- HOA
4,003 sqft lot
$133/sq.ft
Description
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, dinin...
Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
--
Year Built
1905
HOA Fees
-
Finished Area
3,351 sqft
Lot Size
4,003 sqft lot
Basement Area
- sqft
MLS Name
Greater Lehigh Valley MLS
MLS Number
779672
MLS Status
Active
Days on Market
26
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