$249,900

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103 State Road Lehighton, PA, United States 18235

PRIME OPPORTUNITY to own a well maintained, updated, fully occupied 4-unit investment property on Union Hill in Franklin Township for less than $300K!!!! Set upon Union Hill, this property features 1, 3-bedroom 1-bath unit, 2-bedroom 1-bath unit, and 2, 1-bedroom 1-bath units. All are in great condition! The property offers a huge, wrap-around front porch, 2nd floor porch and incredible views of the Lehigh River and Mahoning Valley!!! Parking includes a 2-car garage for unit 103, PLUS a 3-car parking pad, for other tenants! Garage also includes "landlord storage space" on the main level, and "community" storage space for tenants on the lower level! 3 4 of the occupants are long-term tenants, longest running is 19 years!!! Landlord pays oil heat, water and sewer, pest control contract, and professional property management. Tenants pay their own electric and hot water. Cap Rate of 7%. Without property management, Cap would be closer to 8%. Great opportunity! See it TODAY!!!

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Amenities

  • Bedrooms: 7
  • Full Bathrooms: 4
  • Partial Bathrooms: 0
  • Property Type: Multi-Family
  • Home size: 2,300 ft2 / 213.68 m2
  • MLS: 748902

Property brokered by

WEICHERT, REALTORS®

(800) 824-2408



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