120 -122 South 2ND Street Pennsylvania (Lehighton, Pennsylvania, US - 18235) Built

$340,000

CASTLE GATE REALTY

Castle Gate Realty Castle Gate Realty 610-379-3524 (Office) Request More Info

  • Apartment Building - Lehighton, PA
  • Type: Commercial
  • Parking Space(s): 6
  • Size: 4,848 sq. ft.
  • Lot Size: 0.16 acres
  • Year Built: 1935
  • MLS #: 664334

Description

LISTED AT 8.5% CAP RATE - 2 BUILDINGS - 7 RENTAL UNITS (6 APARTMENTS AND 1 HOUSE) This property is super-maintained and most tenants are long term. Low taxes. Only costs on owner is water for all units, and sewer and garage for one. 6 Apartments are electric heat There is a 2nd building on the property - house in the back - seller would like to remain and is willing to pay rent. ALL UNITS are well below market rents. Repeat - ALL UNITS are well below market rents. There is also some off street parking as well as a garage in the house in the back.

Highlights

  • Cooling: Window Unit(s) A/C
  • Heating: Electric, Oil
P2#1347719022
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Information is deemed to be correct but not guaranteed.