176 South 2nd Street Lehighton PA 18235US12 Bed, 4.00 Bath (4 Full Bath), 8,000 sqft
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Realty Executives Wind Gap 31 West First Street Wind Gap, PA, US 18091 610-863-8444
176 South 2nd Street LehightonPA18235US
12 Bed, 4.00 Bath (4 Full Bath), 8,000 sqft
Courtesy of: Tejas Gosai, CENTURY 21 Keim
176 South 2nd Street $37,800 INCOME, $28,902 PROFIT. *12%+ CAP RATE.* Turnkey cash flowing 4 unit asset with easy-to-add 1 unit. Three large rental units + 1 commercial storefront located in highly trafficked prime downtown location. Over 150k in upgrades and renovations to these buildings in the past few years. Zoned Commercial including newly renovated 3-6 bedroom apartment located on 2nd and 3rd floor of main building. *New floors, roof, gutters, paint. On lower level behind storefront - 3 bedroom apartment with patio and large backyard. To the rear of the property, a detached 3 bedroom apartment with 3 car garage. The 4th commercial unit is currently the storefront is being operated as a successful flower shop with a long-term lease. All deposits and executed leases. Top Rents due to condition and location. Immediate re-rent. Thousands in upgrades to exterior and interior. Upgraded utilities. Upgraded and remodelled units. Low upkeep.