Share this with your friends
+14842391295
Joy and Dave Flood Realtors
26 E Ludlow St E, Summit Hill, PA 18250
- $542,000
- 5
- BA
- 3,200
- SqFt
- List Price
- $542,000
- MLS#
- 785099
- Status
- ACTIVE
- City
- Summit Hill
- Area
- Summit Hill
- County
- Carbon
- Neighborhood
- Other
- Bathrooms
- 5
- Living Area
- 3,200
- Lot Size
- 8,099
- Year Built
- 1910
Property Description
Approximately $73,000 in potential annual gross income, $53,000 in projected net operating income, and a projected 10.2% cap rate! Newly renovated five-unit investment opportunity in Summit Hill! Located at 26–32 E. Ludlow Street, this mixed-use property features two 2-bedroom apartments, two 1-bedroom apartments, and a large commercial space with potential for conversion to a 2-bedroom apartment, subject to municipal approvals. An off-street parking lot and detached garage add convenience and additional income potential. Enjoy proximity to the mountains, outdoor recreation, and attractions of nearby Jim Thorpe and the Poconos, including hiking, biking, skiing, and entertainment. The location also offers access to employment opportunities throughout the Lehigh Valley, including the region’s many warehouses, distribution centers, and other major employers—adding appeal for prospective tenants seeking access to both work and recreation. Currently vacant following renovations, the property is actively being marketed for rent. Projected monthly rents of $1,100, $1,100, $1,300, $1,300, and $1,200 total $5,800, with an additional $200 per month possible from the garage. Total projected gross rental income at full occupancy is $6,100 per month, or $73,200 annually, including the garage.
Additional Information
- Acres
- 0.19
- Cooling
- None
- Living Area
- 3,200
- Lot Size
- 8,099
- Parking Spaces
- 8
- Region
- Summit Hill
- School District
- Panther Valley
- Sewer
- Public Sewer
- Stories
- 2
- Zoning
- commercial
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing provided by Steel City Realty
The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.