$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
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
Owner options
What's special
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#: 743499
Originating 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