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Key Details
Sold Price $260,000
Property Type Commercial
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,176 sqft
Price per Sqft $119
Subdivision Not In Development
MLS Listing ID 742822
Sold Date 09/06/24
Bedrooms 4
Full Baths 2
Year Built 1890
Annual Tax Amount $3,980
Lot Size 4,591 Sqft
Property Description
Multiple Offers Received!!! Highest/Best due by 4pm 8/5/24.......Great investment opportunity! This recently renovated 2-unit property in the borough of Slatington promises a solid return on investment, with a cap rate of 9.5% at market rent, making it a true moneymaker with value add potentially by separating the heat and water. Each unit features 2 spacious bedrooms, 1 modern bathroom, gorgeous eat-in kitchens providing comfortable living spaces for tenants. The property also boasts a 2-car garage and a 2-car parking pad, it also offers on street parking, ensuring ample parking. Backyard barbecuing area with recently completed privacy fence, creating a serene and secluded atmosphere for tenants. Currently, the owner occupies both units, offering the potential for immediate rental income or flexibility for new owners. Whether you're looking to expand your rental portfolio or seeking a property with strong cash flow, this duplex is a prime choice. Don't miss out on this exceptional opportunity! Schedule your showing today!!!
Location
State PA
County Lehigh
Area Slatington
Interior
Cooling Ceiling Fans, Window ACs
Exterior
Garage Spaces 4.0
Building
Story 2.5
Sewer Public
Water Public
New Construction No
Schools
School District Northern Lehigh
Others
Financing Cash,Conventional,FHA,VA
Special Listing Condition Not Applicable
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Bought with Realty One Group Supreme