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215 N 2nd St - 215-217 N 2nd (Lehighton) - 3 Units 3 Unit Apartment Building Offered at $440,000 at a 8.89% Cap Rate Lehighton, PA 18235

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EXECUTIVE SUMMARY

Excellent Turnkey Investment in Lehighton Borough! Don’t miss this fully occupied 3-unit multifamily property offering strong cash flow and long-term upside. Situated in a desirable location within Lehighton Borough, this property features a mix of 1, 3, and 4-bedroom units, appealing to a wide range of tenants. Current net income is $24K annually, with significant potential to increase rents. The building spans both sides of a charming duplex, offering spacious layouts and recent upgrades. Tenants are responsible for all utilities, landscaping, and snow removal, keeping operating expenses low for the owner. Off-street parking for 2 vehicles adds further tenant convenience. Ideally located near shopping, schools, restaurants, and major commuter routes, this property is positioned to enjoy continued rental demand. Whether you're adding to your portfolio or just starting out, this is a low-maintenance, income-producing opportunity worth a closer look.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $440,000
Price Per Unit $146,667
Sale Type Investment
Cap Rate 8.89%
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Single-Family Home
Building Size 2,500 SF
Average Occupancy 100%
No. Stories 3
Year Built 1900

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+1 1 - -
3+1 1 - -
1+1 1 - -
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39157414

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 215 N 2nd St, Lehighton, PA 18235

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