4-unit apartment building with on-site parking in Lehighton and a new roof. This building is priced with a 9.32% Cap return at $199,900 based on current rental income. Two of the units are rented substantially below market if all units are rented at market the projected return is 11.81%!!!! Cash is already flowing so start making money right after closing. Come take a look at this money maker.
Off market
$293,400
274/276 S 1st St, Lehighton, PA 18235
8beds
0baths
2,140sqft
MultiFamily
Built in 1881
-- sqft lot
$293,400 Zestimate®
$137/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- Electric
Interior area
- Total interior livable area: 2,140 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 7,840 sqft
Details
- Parcel number: 70A928J16
- Zoning: MULTI
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1881
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lehighton
HOA & financial
Other financial information
- Total actual rent: 2140
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Heating: Electric
- HeatingYN: true
- CoolingYN: true
- Zoning: MULTI
- CurrentFinancing: Conventional, Cash
- NumberOfBuildings: 1
- RoadResponsibility: Public Maintained Road
- GrossIncome: 25680.00
- NumberOfUnitsTotal: 4.00
- RoomKitchenFeatures: SemiMod
- RoomBathroomFeatures: SemiMod
- TotalActualRent: 2140
- Cooling: Wal/WinAC
- CoListAgentEmail: paul.gibson@remax.net
- CoListAgentFullName: Paul Gibson
- MlsStatus: Active
- Road surface type: Paved
Services availability
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Get a complimentary Zillow Showcase℠ listing and you could sell for .
$293,400
2% more+ $5,868
With Showcase(estimated)
$299,268