136 N 3rd St Lehighton, PA 18235
--
Bed
--
Bath
3,846
Sq Ft
8,712
Sq Ft Lot
Highlights
- Ceiling Fan
- Hot Water Heating System
- 4-minute walk to Lehighton Boro Park
About This Home
As of February 2025This well-maintained 4-unit rental building in a great location in Lehighton Borough presents an exceptional investment opportunity. With all units currently rented to long-term tenants, the property provides immediate cash flow and offers the potential for SIGNIFICANT future returns. Large units! Recent major repairs, including a new gas furnace (2023), a replaced 2nd-floor roof (2023), sewer line repairs (2024), south-side flat roof repairs (2024), and upgraded sidewalks (2022), ensure minimal maintenance and long-term durability. The property consists of two 2-bedroom units and two 1-bedroom units, offering versatility for a wide range of tenants. This property also features secure, designated storage areas for tenants to ensure maximum comfortability. Located in a prime area, the property is just minutes from shopping, dining, schools, and major commuter routes, ensuring consistent rental demand. With a combination of immediate returns and the potential for further appreciation, this turnkey investment is an opportunity not to be missed. Landlord pays Gas Heat, Hot Water, Water, Lawn and Snow Maintenance. Tenants pay Garbage, Sewer, and Electric. Appliances are landlord owned EXPECT for washers and dryers. View the document tab for additional details.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $3,489
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,846 Sq Ft Home
- Ceiling Fan
Utilities
- Radiator
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 70A10-29-Q4
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $307
- Insurance Expense $2,535
- Water Sewer Expense $1,241
- Operating Expense $547
- Gross Income $34,320
- Net Operating Income $23,165
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2021
Sold by
Hottenstein Marc R and Hottenstein Troy A
Bought by
Velez Stephanie Leanne
Total Days on Market
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Outstanding Balance
$43,061
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$163,606
Purchase Details
Closed on
Nov 30, 2018
Sold by
Hottenstein Marc R and Hottenstetn Troy A
Bought by
Hottenstein Marc R and Hottenstetn Troy A
Purchase Details
Closed on
Dec 26, 1978
Bought by
Hottenstein Rita
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $50,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $47,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2025 02/19/25 | Sold | $317,500 | -2.3% | $83 / Sq Ft |
| 01/16/2025 01/16/25 | Pending | -- | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $325,000 | -- | $85 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,783 | $22,350 | $4,500 | $17,850 |
| 2024 | $1,693 | $22,350 | $4,500 | $17,850 |
| 2023 | $1,677 | $22,350 | $4,500 | $17,850 |
| 2022 | $1,677 | $22,350 | $4,500 | $17,850 |
| 2021 | $1,618 | $22,350 | $4,500 | $17,850 |
| 2020 | $1,579 | $22,350 | $4,500 | $17,850 |
| 2019 | $1,512 | $22,350 | $4,500 | $17,850 |
| 2018 | $1,478 | $22,350 | $4,500 | $17,850 |
| 2017 | $1,467 | $22,350 | $4,500 | $17,850 |
| 2016 | -- | $22,350 | $4,500 | $17,850 |
| 2015 | -- | $22,350 | $4,500 | $17,850 |
| 2014 | -- | $22,350 | $4,500 | $17,850 |
Source: Public Records
Source: Greater Lehigh Valley REALTORS®
MLS Number: 750667
APN: 70A10-29-Q5
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