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1116 Main St,SLATINGTON, PA 18080
SLATINGTON, PA 18080
Description
Incredible opportunity to own this FULLY OCCUPIED 2 unit property in Northern Lehigh School District. Housing Authority APPROVED RENT is: UNIT 1 $1350 and UNIT 2 $2100- $41,400 GROSS INCOME POTENTIAL. With over 2,900 sq feet, this converted home is in outstanding condition and features a beautiful wrap around deck, high ceilings, hardwood floors, large yard, off street parking for 4 cars and laundry on site for Unit 1. Unit 1 includes 2 large bedrooms, separate dining room, back porch and full basement access with W/D included. Unit 2 is split between 2 floors and includes 5 bedrooms, eat-in kitchen, closet storage space and rear deck. Gross income is $32,400, NET INCOME is $22,578. Both units are occupied with long term tenants who are each on a month to month lease. Current rent rates are BELOW MARKET VALUE. Low annual taxes, separate upgraded electric, separate water meters and tenants take care of lawn maintenance & snow removal. Tenant pays electric, heat, cable, internet. Landlord pays water, sewer, trash, insurance, taxes. Section 8 approved.
Details
| MLS# | PALH2011474 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending-bright |
| Year | 1900 |
| Days On Site | 23 |
| Listing Provided By | Keller Williams Real Estate - Allentown | Daniel Witt |
Features
| SQ Feet | 2,917 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | TR |
| Acreage | 0.13 |
| Water Front | Yes |
Market Activity 18080
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Learn More About This Property
| State | PA |
|---|---|
| County | LEHIGH PA |
| City | SLATINGTON |
| Zip Code | 18080 |
| Area | Slatington Boro (12318) |
| School District | NORTHERN LEHIGH |
| Middle School | NORTHERN LEHIGH |
| High School | NORTHERN LEHIGH |
| Listing VS Median (in 18080) | |
Price: $349,000 low | high Med: $425,000 SqFt: 2,917 low | high Med: 2,433 $ / SqFt: $120 low | high Med: $180 On site: 23 low | high Med: 15.500000 | |