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Property view

1116 Main St, 
Slatington, PA 18080

$319,000


2

Beds


Bath


2,917

Sq Ft


Multi-Family

Sold

Listed by

Daniel Witt

Bought with Non Subscribing Office

Keller Williams Real Estate - Allentown

MLS#

PALH2011474

Source:

BRIGHTMLS

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About This Home

1116 Main St

Incredible opportunity to own this FULLY OCCUPIED 2 unit property in Northern Lehigh School District. Housing Authority APPROVED RENT is: UNIT 1 $1350 and UNIT 2 $2100- $41,400 GROSS INCOME POTENTIAL. With over 2,900 sq feet, this converted home is in outstanding condition and features a beautiful wrap around deck, high ceilings, hardwood floors, large yard, off street parking for 4 cars and laundry on site for Unit 1. Unit 1 includes 2 large bedrooms, separate dining room, back porch and full basement access with W/D included. Unit 2 is split between 2 floors and includes 5 bedrooms, eat-in kitchen, closet storage space and rear deck. Gross income is $32,400, NET INCOME is $22,578. Both units are occupied with long term tenants who are each on a month to month lease. Current rent rates are BELOW MARKET VALUE. Low annual taxes, separate upgraded electric, separate water meters and tenants take care of lawn maintenance & snow removal. Tenant pays electric, heat, cable, internet. Landlord pays water, sewer, trash, insurance, taxes. Section 8 approved.

Home Facts

Multi-Family

2 Bedrooms

Built in 1900

Price Summary

349,000

$119 per Sq. Ft.

MLS #:

PALH2011474

Sold:

May 14, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

2


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,917 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$349,000

Price per Sq. Ft:

$119 per Sq. Ft.

Source:BRIGHTMLS
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