215 N 2nd St - Multi-Family FOR SALE


Lehighton, PA 18235
$440,000 USD
610-217-6330
215 N 2nd St, Lehighton, PA for Sale
$440,000 USD
Multi-Family - FOR SALE
1/5
null | 8.89% Cap Rate

215 N 2nd St
Lehighton, PA 18235


OVERVIEW

Excellent Turnkey Investment in Lehighton Borough! Don’t miss this fully occupied 3-unit multifamily property offering strong cash flow and long-term upside. Situated in a desirable location within Lehighton Borough, this property features a mix of 1, 3, and 4-bedroom units, appealing to a wide range of tenants. Current net income is $24K annually, with significant potential to increase rents. The building spans both sides of a charming duplex, offering spacious layouts and recent upgrades. Tenants are responsible for all utilities, landscaping, and snow removal, keeping operating expenses low for the owner. Off-street parking for 2 vehicles adds further tenant convenience. Ideally located near shopping, schools, restaurants, and major commuter routes, this property is positioned to enjoy continued rental demand. Whether you're adding to your portfolio or just starting out, this is a low-maintenance, income-producing opportunity worth a closer look.

FOR SALE DETAILS

PRICE

$440,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

3

PRICE/UNIT

$146,667

CAP RATE

8.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

215-217 N 2nd (Lehighton) - 3 Units

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

2

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

70A10-30-Q5

ASK ABOUT THIS PROPERTY

Jennifer de JesusSteel City RealtyMore Info
610-217-6330

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Jennifer de JesusSteel City RealtyMore Info
610-217-6330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.