7108 Pa Route 873 Slatington, PA 18080
Washington Township NeighborhoodEstimated payment $4,448/month
Highlights
- 2.39 Acre Lot
- Attached Garage
- Heating Available
- Deep Creek Central Elementary School Rated A-
- Brick or Stone Mason
About This Home
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 four years, reflecting its strong tenant appeal and operational stability. With an actual net operating income (NOI) of $63K 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 9% cap rate, and a proforma 10.3% 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,322
Year Built
- Built in 1954
Home Design
- 6,690 Sq Ft Home
- Brick or Stone Mason
- Aluminum Siding
- Steel Siding
Parking
- Attached Garage
- Parking Lot
Utilities
- Heating Available
- Well
Community Details
Overview
- 7 Units
Building Details
- Electric Expense $900
- Gardener Expense $2,100
- Insurance Expense $4,741
- Maintenance Expense $4,938
- Professional Management Expense $6,913
- Water Sewer Expense $2,200
- Operating Expense $36,712
- Gross Income $99,720
- Net Operating Income $63,008
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | Pending | -- | -- | -- |
| 11/06/2025 11/06/25 | For Sale | $700,000 | -- | $105 / Sq Ft |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 767520
APN: 555196267684-1