251 Main St, Slatington, PA 18080
- $445,000
- 6
- BD
- 3
- BA
- 3,351
- SqFt
- List Price
- $445,000
- MLS#
- 779672
- Status
- ACTIVE
- City
- Slatington
- Area
- Slatington
- County
- Lehigh
- Neighborhood
- Not In Development
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 3,351
- Lot Size
- 4,003
- Year Built
- 1905
Property Description
Investor opportunity in Slatington offering strong in-place income and an attractive return profile. This fully occupied 3-unit property generates $43,200 in annual rental income, reflecting an approximate 8.6% cap rate at the current list price. Each unit features a private balcony or deck, enhancing tenant appeal and retention. Current rents are $1,050/month (Unit 1), $1,100/month (Unit 2), and $1,450/month (Unit 3). Units 1 and 3 have been recently renovated, providing a desirable mix of updated interiors and stable tenancy. Additional highlights include on-street parking and a convenient location within the Northern Lehigh School District, close to shopping, dining, and major routes. A turnkey investment opportunity with immediate cash flow and upside potential—ideal for both seasoned investors and those looking to expand their portfolio.
Additional Information
- Acres
- 0.09
- Appliances
- Electric Oven, Electric Water Heater, Refrigerator
- Cooling
- None
- Interior Features
- Separate Dining Room
- Living Area
- 3,351
- Lot Size
- 4,003
- Region
- Slatington
- School District
- Northern Lehigh
- Sewer
- Public Sewer
- Style
- Colonial
- Taxes
- $5,283
- View
- City
- Zoning
- C
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Listing provided by BHHS Fox & Roach Macungie
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