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!!!
Sold
$240,000
103 State Rd, Lehighton, PA 18235
7beds
2,300sqft
Apartment
Built in 1882
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
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#: 748902
Originating 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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