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105 2nd Street
Slatington Boro PA 18080 US

$1,015,000

Active Listing ID 786694
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16 bed
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5,893 square feet
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7.00 Bath (7 Full)
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Lot: 0.24 Acres
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Apartment

$1,015,000

Active Listing ID 786694
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105 2nd Street Fully occupied 7-unit apartment building currently generating $123, 660 in annual gross income and $93, 882 in annual net income. The property features a strong unit mix of four 3-bedroom apartments, one 2-bedroom apartment, and two 1-bedroom apartments, offering spacious layouts that support consistent rental demand. The seller has invested over $200, 000 in capital improvements since purchase, including major upgrades to the building's plumbing, electrical, roofing, and interiors. In 2022, cast-iron sewer lines were replaced with PVC, and most water lines were upgraded to PEX. The property was also converted to all-electric service, with seven new electric hot water heaters installed. Additional improvements include updates to the roof, siding, and interior renovations to several apartments with newer appliances added. The property also features a second-floor laundry room with a new coin-operated washer and dryer, providing additional income beyond apartment rents. Operating expenses are low for a building of this size. Tenants pay their own electric and heat, while landlord expenses are limited to taxes, insurance, water, and sewer. This helps keep operating costs manageable and supports strong cash flow. Located in Slatington, Lehigh County, the property offers a great balance of small-town living and easy access to the Lehigh Valley. Tenants enjoy nearby outdoor attractions, including the Lehigh River, Lehigh Gap, and D&L Trail, while Route 145 provides convenient access to major employers, hospitals, shopping, and other amenities throughout the region. Fully occupied with over $200, 000 in major improvements, spacious units, laundry income, and low operating expenses, this property offers strong cash flow, reduced near-term capital needs, and long-term investment potential in the Lehigh Valley. The property also has a clear certificate of occupancy.

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 7
  • Cooling System: Window Unit(s)
  • Heating Fuels: Electric (Heating), Baseboard

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 1015000
  • unparsedaddress: 105 2nd Street
  • postalcity: Slatington Boro
  • stateorprovince: PA
  • country: US
  • postalcode: 18080
  • bathroomsfull: 7
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.235
  • lotsizeunits: Acres
  • lotsizearea: 0.235
  • livingarea: 5893
  • livingareaunits: Square Feet
  • latitude: 40.750475
  • longitude: -75.610849
  • listagentfullname: Akinlana Popoola
  • listagentemail: popoola.akin06@gmail.com
  • listagentkey: 3yd-LVARPA-apopoola
  • listagentmlsid: apopoola
  • listagentpreferredphone: 6107356082
  • listagentofficephone: 6107356082
  • listofficekey: 3yd-LVARPA-EXPR
  • listofficemlsid: EXPR
  • disclaimer: Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: LVARPA
  • yearbuilt: 1884
  • listingcontractdate: 2026-10-21
  • listagentfax: 4123607875
  • listagenturl: http://expenterprise.com
  • countyorparish: Lehigh
  • parcelnumber: 556213142322-1
  • elementaryschooldistrict: Northern Lehigh
  • middleorjuniorschooldistrict: Northern Lehigh
  • highschooldistrict: Northern Lehigh
  • cooling: Window Unit(s)
  • constructionmaterials: VinylSiding
  • heating: Electric (Heating), Baseboard
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 7
  • parkingfeatures: Garage, On Street, Off Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 3, Bedroom 8, Bathroom 6, Bathroom 7, Bedroom 10, Bedroom 6, Bathroom 5, Bathroom 2, Bedroom 11, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 13, Bedroom 7, Bedroom 2, Bedroom 4, Bedroom 9, Bedroom 16, Bedroom 12, Bedroom 14, Bedroom 15, Bedroom 5, Bathroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.61085, 40.750477
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"exp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"popoola.akin06@gmail.com", "ListBrokerageCity":"pittsburgh", "ListBrokerageCountry":"US", "ListBrokerageEmail":"john.tanney@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"exp Realty", "ListBrokeragePhone":"(412) 925-5551", "ListBrokeragePostalCode":"15216", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1653 mcfarland rd", "ListBrokerageWebsiteUrl":"http://expenterprise.com", "ListOfficeAddress1":"168 W Ridge Pike, Unit 101 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"EXPR", "ListOfficeCity":"Limerick", "ListOfficeCountry":"US", "ListOfficeEmail":"pa.broker@exprealty.com", "ListOfficePostalCode":"19468", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"ResidentialIncome, Slatington Boro, PA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/105-2nd-St_Slatington_PA_18080_M48036-21058?f=listhub&s=LVARPA&m=786694&c=rexren", "MLSModificationTimestamp":"2026-11-03 00:55:15", "Neighborhoods":[{"Description":null, "Name":"Not in Development"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11414, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 11/3/2026 12:56:15 AM GMT
Source Updated Date: 11/5/2026 12:58:06 AM GMT

Courtesy of: Akinlana Popoola, EXP Realty LLC, popoola.akin06@gmail.com

Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.