Slatington, PA 18080,1116 MAIN ST
Christy Stuart
Christy Stuart

COO | License ID: 0225083110

+1(703) 966-6625

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Listed by Daniel Witt • Keller Williams Real Estate - Allentown
Bought with NON MEMBER • Non Subscribing Office

$ 319,000

$ 349,000 8.6%

Est. payment | /mo

2,917 SqFt


$ 319,000

$ 349,000 8.6%

Est. payment | /mo

2,917 SqFt

Key Details

Sold Price $319,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,917 sqft

Price per Sqft $109

MLS Listing ID PALH2011474

Sold Date 05/14/25

Style Traditional

Abv Grd Liv Area 2,917

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

Source BRIGHT

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

Bright MLS (BMLS)
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1116 MAIN ST