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  • $240,000

    103 State Rd, Lehighton, PA 18235

    7beds
    2,300sqft
    Apartment
    Built in 1882
    -- sqft lot
    $-- Zestimate®
    $104/sqft
    $-- HOA

    What's special

    PRIME OPPORTUNITY to own a well maintained, updated, fully occupied 4-unit investment property on Union Hill in Franklin Township for less than $300K!!!! Set upon Union Hill, this property features 1, 3-bedroom 1-bath unit, 2-bedroom 1-bath unit, and 2, 1-bedroom 1-bath units. All are in great condition! The property offers a huge, wrap-around front porch, 2nd floor porch and incredible views of the Lehigh River and Mahoning Valley!!! Parking includes a 2-car garage for unit 103, PLUS a 3-car parking pad, for other tenants! Garage also includes "landlord storage space" on the main level, and "community" storage space for tenants on the lower level! 3/4 of the occupants are long-term tenants, longest running is 19 years!!! Landlord pays oil heat, water and sewer, pest control contract, and professional property management. Tenants pay their own electric and hot water. Cap Rate of 7%. Without property management, Cap would be closer to 8%. Great opportunity! See it TODAY!!!

    Zillow last checked: 7 hours ago

    Listing updated: February 10, 2025 at 04:16am

    Listed by:

    Robert V. Ritter III 610-462-4727,

    Weichert Realtors - Allentown

    Bought with:

    Matthew L. Bell

    Keller Williams Northampton

    Source: GLVR,MLS#: 748902MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Bathroom
    • Features: Semi Modern
    Heating
    • Forced Air, Oil
    Cooling
    • No Air
    Features
    • Flooring: Carpet
    • Doors: Storm Door(s)
    Interior area
    • Total structure area: 2,300
    • Total interior livable area: 2,300 sqft

    Property

    Parking
    • Total spaces: 5
    Features
    • Stories: 2
    • Exterior features: Balcony
    Lot
    • Size: 6,969 sqft
    Details
    • Parcel number: 70E11111
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1882

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Lehighton
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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