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    120-122 S 2Nd St

    Lehighton, PA 18235
    • $340,000
    • STATUS: Active
    • ON SITE: 4 days
    • MLS #: PM-86252
    New On Site 4 Days Ago
    UPDATED: 61 min ago
    $340,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,848
      SQFT
    • $70
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1935
    County:

    School Ratings & Info

    School District:

    Description

    LISTED AT 8.5% CAP RATE - 2 BUILDINGS - 7 RENTAL UNITS (6 APARTMENTS AND 1 HOUSE) This property is super-maintained and most tenants are long term. Low taxes. Only costs on owner is water for all units, and sewer and garage for one. 6 Apartments are electric heat There is a 2nd building on the property - house in the back - seller would like to remain and is willing to pay rent. ALL UNITS are well below market rents. Repeat - ALL UNITS are well below market rents. There is also some off street parking as well as a garage in the house in the back.

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    Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2021-04-11T17:13:10.11.
    www.kellyrealtygroup.com/homes/115799389
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    120-122 S 2Nd St Lehighton, PA 18235

    • Price: $340,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: PM-86252
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,848
    SQFT
    $70
    $/SQFT
    1935
    Built
    Neighborhood:
    Z Not In A Development
    County:
    Carbon
    Area:
    Lehighton Borough
    School District:
    Lehighton Area
    Property Description
    LISTED AT 8.5% CAP RATE - 2 BUILDINGS - 7 RENTAL UNITS (6 APARTMENTS AND 1 HOUSE) This property is super-maintained and most tenants are long term. Low taxes. Only costs on owner is water for all units, and sewer and garage for one. 6 Apartments are electric heat There is a 2nd building on the property - house in the back - seller would like to remain and is willing to pay rent. ALL UNITS are well below market rents. Repeat - ALL UNITS are well below market rents. There is also some off street parking as well as a garage in the house in the back.
    Exterior Features

    Construction Frame Location Corner Lot Dimensions 33 X 189 Parking Off-PriOn-Site Road PavedPublic Road Surface Blk-Top Road Type Twp-Rd Roof Ridged

    Interior Features

    Cooling Wall/Winac Heating ElecOil Sq Ft Above Grade 4848.00

    Property Features

    Financing CashConventional Foreclosure No Includes Building(S) Lease Includes Water Lease Terms Month To MonthYr-Yr Net Income 39399.00 Possession Negotiable Potential Use Apartment(S) Sewer Public Transaction Type For Sale Utility Service 50-200A Water Public Zoning R3

    Listing information © 2021 Pocono Mountains Association of Realtors


    Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Data last updated 2021-04-11T17:13:10.11.
     
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    Keller Williams Real Estate
    637 Main Street, Suite 320
    Stroudsburg PA, 18360