350 Main St
Slatington, PA 18080
15 units, 5 res, 10 garage, 9.1% CAP FULL OCC · Multifamily Property For Sale · 5 Units
PROPERTY FACTS
No. Units | 5 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.45 AC |
Building Size | 4,494 SF |
No. Stories | 3 |
Year Built | 1875 |
About 350 Main St , Slatington, PA 18080
5 UNIT plus 10 storage garage units located at the back. 56K GROSS, 32K NET PROFIT, 9.1% CAP at $350,000 asking price. The property is a 5 unit plus 10 storage/garage units located at the back. all 5 of the units are currently occupied. The rents for the property are $825, $870, $600, $800, $900 plus $655 for the storage/garage units. The lease breakdown is as follows; units 1&2 are month-to-month while units 3, 4 and 5 are yearly. Home insurance price is $2,600 per year, Taxes are $7,600 per year, sewer/water amounts to $1,800 per year Trash is $1,800 per year, Lawn/Snow Maintenance is taken care of by the tenants, common electric is $1,800 per year, each of the tenants have a separate meter and all the tenants use electric. The property is close to some schools such as Northern Lehigh Middle School and Northern Lehigh Senior High School.
Links
PROPERTY TAXES
Parcel Number | 556214532880-1 | Improvements Assessment | $197,400 |
Land Assessment | $45,000 | Total Assessment | $242,400 |
zoning
Zoning Code | TR |
Learn More About Investing in Apartment Buildings
Listing ID: 18680376
Date on Market: 2/28/2020
Last Updated:
Address: 350 Main St, Slatington, PA 18080
The Multifamily Property at 350 Main St, Slatington, PA 18080 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.