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Sold for $480,000 on 07/31/24
  • $480,000

    662 Main St, Slatington, PA 18080

    6beds
    --sqft
    Mixed Use, Multi Family, Apartment
    Built in 1900
    -- sqft lot
    $508,400 Zestimate®
    $--/sqft
    $-- Estimated rent

    Owner options

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    $3,056/mo

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    $3,056/mo

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    What's special

    4-unit cash-flowing property with $57,300 gross income and $44,000 actual net income. 8.8% net cap rate! Owners have expanded one apartment and updated two others to create three 2-bedroom units. There have been many renovations, from the roof to the rear building, and throughout all the units. Some have new bathrooms, new flooring, new kitchens, appliances, etc. Beautiful commercial storefront currently a booming pet photography shop. Prime downtown location, walking distance to restaurants, 5 minutes from Giant supermarket and other stores, and 25 minutes north of Route 22—ideal for tenant commutes. Close to the Lehigh River with great walking and biking trails. Nearby Slatington Farmers Market offers antiques and food. Charming town, peaceful yet conveniently located. Investors, the numbers speak for themselves: cash-flowing property with the potential to add laundry and storage areas.

    Zillow last checked: 8 hours ago

    Listing updated: July 31, 2024 at 10:50am

    Listed by:

    Joshua Schoenberger 888-397-7352,

    EXP Realty LLC

    Bought with:

    Kevin Azar, RS334236

    RE/MAX Real Estate

    Source: GLVR,MLS#: 739153MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Off Street, On Street
    • Has uncovered spaces: Yes
    Details
    • Parcel number: 556203543664 001
    • Zoning: Tc-Town Center
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use, Multi Family, Apartment
    Materials
    • Brick
    Condition
    • Unknown
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Slatington
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Sell with ease on Zillow
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    $508,400
    2% more+$10,168
    With Zillow Showcase(estimated)$518,568