NOT LISTED FOR SALE

215 217 N Second St Lehighton, PA 18235

-- Bed
-- Bath
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

  • Forced Air Heating System
  • Asbestos
  • 3-minute walk to Lehighton Boro Park
  • Electric Baseboard Heater

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 positioned for sustained rental demand. Meticulously maintained! Don't miss out on this fantastic opportunity to expand your investment portfolio; get in touch with us today to learn more and schedule a viewing!

Last Agent to Sell the Property

Jim Christman

Keller Williams Real Estate Listed on: 09/07/2023

Keller Williams Real Estate

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Rubber Roof
  • Asbestos

Interior Spaces

  • 3,972 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • 2 Off-Street Spaces
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 3 Units
  • Net Operating Income $24,057

Listing and Financial Details

  • Assessor Parcel Number 70A10-30-Q5

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,451

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3972
  • Living Area Sq Ft: 3972
  • Price Per Sq Ft: 75.50
  • Above Grade Finished Sq Ft: 3972
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 215

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Asbestos, Brick
  • Roof: Asphalt, Fiberglass, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: LEHIGHTON AREA
  • School District Key: 300200397331
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.20
  • Year Assessed: 2023
  • Zoning: RESI

Rental Info

  • Total Actual Rent: 33240.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2300.62
  • Tax Annual Amount: 5451.00
  • Assessor Parcel Number: 70A10-30-Q5
  • Tax Total Finished Sq Ft: 3972
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/11/2023

Multi Family

  • Gross Income: 33240.00

MLS Schools

  • School District Name: LEHIGHTON AREA

Range of Values:

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Sold Price
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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 -- $76 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACC2003126

Bright MLS