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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



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
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+1 | 1 | - | - |
| 3+1 | 1 | - | - |
| 1+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (76)
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215 N 2nd St - 215-217 N 2nd (Lehighton) - 3 Units
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