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2102 S Lehigh Ave 7 Unit Apartment Building $1,299,900 ($185,700/Unit) 7.22% Cap Rate Whitehall, PA 18052
Executive Summary
Great Opportunity!! Great Investment!! Impressive 7 unit property with 2 two-bedrooms, 3 one-bedroom, 1 four-bedroom and 1 three-bedroom apartments. The property features twin-sided residences and a converted 3-story home, adding a unique touch. ALL units are currently occupied and tenants are responsible for heating. Situated on a large corner lot, close to LV Mall and MacArthur Rd and within proximity to local amenities. A great property. Don't lose out. Show Today!
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$111,720
|
$18.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$111,720
|
$18.07
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $111,720 |
| Annual Per SF | $18.07 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $111,720 |
| Annual Per SF | $18.07 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,299,900 | Apartment Style | Low-Rise |
| Price Per Unit | $185,700 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.37 AC |
| Cap Rate | 7.22% | Building Size | 6,093 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | R-5A | ||
| Price | $1,299,900 |
| Price Per Unit | $185,700 |
| Sale Type | Investment |
| Cap Rate | 7.22% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 6,093 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | R-5A |
Amenities
Unit Amenities
- Ceiling Fans
- Eat-in Kitchen
- Carpet
- Basement
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 600 - 650 |
| 1+1 | 2 | - | 650 - 960 |
| 2+1 | 3 | - | 680 - 1,200 |
| 3+1 | 1 | - | 1,000 - 1,200 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 640806840612-1 | Improvements Assessment | $243,000 (2026) |
| Land Assessment | $56,000 (2026) | Total Assessment | $299,000 (2026) |
Property Taxes
Parcel Number
640806840612-1
Land Assessment
$56,000 (2026)
Improvements Assessment
$243,000 (2026)
Total Assessment
$299,000 (2026)
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2102 S Lehigh Ave