Do Real Estate on the Go!
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Do Real Estate on the Go!
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Street View
$650,000
6 Beds
- 4 Baths
4 full baths
5,614sqft
662 Main St, Slatington Boro, PA 18080
$650,000
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Apartment
Built in 1900
$-- HOA
2,657 sqft lot
$116/sq.ft
Description
Turnkey 4-unit investment opportunity generating strong cash flow in a prime downtown location. This well-maintained property produces $78,600 in gross annual income with an impressive net income of $63,542, delivering a 9.77% cap rate. The building has been extensively updated, featuring a newer roof, modernized kitchens and bathrooms, and durable LVP flooring throughout most of the building. Over $70,000 in improvements have been invested into the thriving daycare tenant occupying the first floor, adding long-term stability to the income stream. Additional highlights include off-street parking, with ample free public parking nearby for tenants and visitors. Ideally situ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
5,614 sqft
Lot Size
2,657 sqft lot
Basement Area
- sqft
MLS Name
Greater Lehigh Valley MLS
MLS Number
776402
MLS Status
Active
Days on Market
32
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