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Slatington,PA 18080
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,917 sqft
Price per Sqft $119
MLS Listing ID PALH2011474
Style Traditional
Abv Grd Liv Area 2,917
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,215
Tax Year 2022
Lot Size 5,880 Sqft
Acres 0.13
Lot Dimensions 40.00 x 148.00
Property Sub-Type Detached
Property Description
Incredible opportunity to own this FULLY OCCUPIED 2 unit property in Northern Lehigh School District. Housing Authority APPROVED RENT is: UNIT 1 $1350 and UNIT 2 $2100- $41,400 GROSS INCOME POTENTIAL. With over 2,900 sq feet, this converted home is in outstanding condition and features a beautiful wrap around deck, high ceilings, hardwood floors, large yard, off street parking for 4 cars and laundry on site for Unit 1. Unit 1 includes 2 large bedrooms, separate dining room, back porch and full basement access with W/D included. Unit 2 is split between 2 floors and includes 5 bedrooms, eat-in kitchen, closet storage space and rear deck. Gross income is $32,400, NET INCOME is $22,578. Both units are occupied with long term tenants who are each on a month to month lease. Current rent rates are BELOW MARKET VALUE. Low annual taxes, separate upgraded electric, separate water meters and tenants take care of lawn maintenance & snow removal. Tenant pays electric, heat, cable, internet. Landlord pays water, sewer, trash, insurance, taxes. Section 8 approved.
Location
State PA
County Lehigh
Area Slatington Boro (12318)
Zoning TR
Rooms
Basement Other
Interior
Interior Features 2nd Kitchen,Wood Floors
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Hardwood
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
Middle Schools Northern Lehigh
High Schools Northern Lehigh
School District Northern Lehigh
Others
Tax ID 556211088669-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard