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Sold for $900,000 on 12/10/24
  • $900,000

    1361 E Lizard Creek Rd, Lehighton, PA 18235

    14beds
    8,271sqft
    Multi Family, Apartment, Single Family Residence
    Built in 1992
    -- sqft lot
    $953,900 Zestimate®
    $109/sqft
    $1,788 Estimated rent

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    $1,788/mo

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    $1,788/mo

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    $5,732/mo

    Est. payment

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    $5,732/mo

    Est. payment

    What's special

    $85200 Gross Rent a year and minimal maintenance. Discover an exceptional investment opportunity with this 1992-built, 7-unit apartment building featuring a timeless brick front and solid construction. Each unit offers two spacious bedrooms and one full bath, an LR, & a balcony/ Wide solid staircase. The top Floor is a penthouse Nestled on a picturesque A 2.46-acre lot, this property is ideally located near beautiful state parks and essential amenities, blending the serenity of nature with urban convenience. Recent upgrades, including a new roof and water system ensure the property remains in excellent condition with low maintenance costs. Long-term tenants provide stable rental income, with current rents attractively low, presenting a prime opportunity to increase market rates and boost your ROI. 5000 Sq Ft Paved parking for 15 cars. and coin-operated laundry in the building. Beyond its immediate benefits, the expansive lot offers significant potential for future development, allowing you to tailor the property to meet evolving market demands and maximize growth potential. This property is more than just an income generator; it’s a versatile asset with both immediate rewards and long-term possibilities. Whether you're a seasoned investor or new to real estate, this apartment building is sure to meet your financial goals and exceed your expectations. Contact us now to schedule a viewing and take the first step toward enhancing your portfolio with this remarkable opportunity

    Zillow last checked: 7 hours ago

    Listing updated: December 11, 2024 at 03:50am

    Listed by:

    Preety Minhas 484-358-5688,

    Keller Williams Northampton

    Bought with:

    Preety Minhas, RM426187

    Keller Williams Northampton

    Source: GLVR,MLS#: 743499MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Balcony
    Interior area
    • Total interior livable area: 8,271 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Off Street, Parking Lot
    Features
    • Stories: 2
    Lot
    • Size: 2.46 Acres
    Details
    • Parcel number: 729A23.01
    • Zoning: VC
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment, Single Family Residence
    Materials
    • Brick, Stucco
    Condition
    • Year built: 1992

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Security
    • Security features: Fire Escape
    Location
    • Region: Lehighton
    • Subdivision: No Subdivision

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $953,900
    2% more+$19,078
    With Zillow Showcase(estimated)$972,978