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7108 Pa Route 873, 
Washington Twp, PA 18080

$750,000


Bed


Bath


6,690

Sq Ft


Multi-Family

Active

Listed by

Michael Crocefoglia

eXp Realty LLC.

Last updated:

May 5, 2025, 06:26 PM

MLS#

754963

Source:

PA LVAR

About This Home

7108 Pa Route 873

Investors, take notice—7108 PA Route 873 in Slatington is a rare opportunity to acquire a fully occupied, 7-unit mixed-use property that delivers consistent performance and outstanding value-add potential. This income-generating asset features five well-maintained apartments (four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit), a detached 2-bedroom, 1-bath ranch home, as well as a 1,200 square foot workshop/storage building, and two garages that provide additional rental income streams. Tenants cover electric, and trash, while the landlord is responsible for water/sewer, heat, lawn care, and house electric meter. The property has been fully occupied for the past three years, reflecting its strong tenant appeal and operational stability. With an actual net operating income (NOI) of $62K and a pro forma NOI of $72,000, this property offers immediate cash flow with room for increased returns through strategic upgrades and rent adjustments. Offered at an actual 8.3% cap rate, and a proforma 9.6% cap rate. Whether you're expanding your portfolio or seeking your next high-performing asset, this property checks all the boxes for stability, upside, and long-term investment success. Owner is a licensed Realtor.

Home Facts

Multi-Family

Built in 1954

Price Summary

750,000

$112 per Sq. Ft.

MLS #:

754963

Last Updated:

May 5, 2025, 06:26 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

6,690 Sq. Ft.


Structure

Structure

Building Area:

6,690 Sq. Ft.

Year Built:

1954


Lot

Lot Size (Sq. Ft):

104,108


Finances & Disclosures

Finances

Price:

$750,000

Price per Sq. Ft:

$112 per Sq. Ft.

Source:PA LVAR
The information being provided by Lehigh Valley Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Lehigh Valley Association of Realtors All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.