NOT LISTED FOR SALE

215-217 N 2nd St Lehighton, PA 18235

5 Beds
3 Baths
3,972 Sq Ft
9,583 Sq Ft Lot

Last Sold October 11, 2023

Last sale price $340,000 $86 Per Sq Ft

4 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • Baseboard Heating
  • Cooling Available
  • Ceiling Fan
  • 2-minute walk to Lehighton Boro Park

About This Home

As of October 2023

Introducing a remarkable investment opportunity right in the heart of Lehighton Borough - a three-unit property, with multiple long-term tenants, that promises both immediate returns and long-term potential. Located in a prime spot, this property offers convenience and accessibility that tenants will love. With three separate units, you can triple your rental income potential, making it an attractive choice for savvy investors. Current Net income of 24k with room to increase significantly! These units are diverse in size, catering to a wide range of tenants, from singles to families. Turnkey investment opportunity with many recent repairs/upgrades! 2 Car off-street parking is available! With proximity to shopping, dining, schools, and major commuter routes, this property is perfectly pos

Last Agent to Sell the Property

Jim Christman

Keller Williams Real Estate - Palmerton License #AB067586 Listed on: 09/07/2023

Keller Williams Real Estate - Palmerton

Last Buyer's Agent

Jennifer de Jesus

Steel City Realty LLC License #RM423820

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,271

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 3,972 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 70A10-30-Q5

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $3,112
  • New Taxes Expense $3,271
  • Operating Expense $2,400
  • Gross Income $33,240
  • Net Operating Income $24,057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,271

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: 209 to Lehighton, left onto N 1st St , Right onto Coal St, Left onto N 2nd
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 2
  • Year Built: 1925
  • PropertySubType: Multi Family
  • Lot Size Acres: 0.22
  • Co List Office Phone: 610-826-8100
  • MLS Status: Closed
  • Subdivision Name: None
  • ResoBuildingAreaSource: Public Records
  • Location Tax and Legal Parcel Number2: 70A10-30-Q5
  • Location Tax and Legal School Tax Amount2: 2300.62
  • Location Tax and Legal Tax Annual Amount2: 3270.72
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information Stories2: 2
  • General Property Information Lot Size Acres: 0.22
  • Equipment:Water Heater - Electric: Yes
  • Appliances Water Heater3: Yes
  • General Property Information Basement YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Water Source:Public: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Income And Expenses Operating Expense: 2400.0
  • Income And Expenses New Taxes Expense: 3270.72
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Basement YN: Yes

Exterior Features

  • Disclosures: Right of First Refusal
  • Construction Type: Brick, See Remarks
  • Construction Materials:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Forced Air, Electric, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric5: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 70A10-30-Q5
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3270.72
  • Tax Book Number: 2605/800

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $340,000 +13.4% $86 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $299,900 +744.8% $76 / Sq Ft
05/29/2014 05/29/14 Sold $35,500 -40.7% $9 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $59,900 -- $15 / Sq Ft
Source: Pocono Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pocono Mountains Association of REALTORS®

MLS Number: PM-109234

Pocono Mountains Association of REALTORS®