Traditional
1116 MAIN STREET
SLATINGTON , PA 18080
MLS#: PALH2011474
$349,000
Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
2,917
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.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
N/A
-
Above Grade Finished Area
2917.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Off Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.13
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$349,000
-
Tax Amount
4215.0
-
Sq. Footage
2, 917
-
Price/SqFt
$119
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
NORTHERN LEHIGH
-
High School
NORTHERN LEHIGH
Property Features
-
Foundation Details
Other
-
Sewer
Public Sewer
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Location
County
LEHIGH
Elementary School
Middle School
NORTHERN LEHIGH
High School
NORTHERN LEHIGH
Listing Courtesy of Daniel Witt , Keller Williams Real Estate - Allentown
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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