Created date: January 10, 2025
Date last updated: January 15, 2025
Property Description
This well-maintained 4-unit rental building in a great location in Lehighton Borough presents an exceptional investment opportunity. With all units currently rented to long-term tenants, the property provides immediate cash flow and offers the potential for SIGNIFICANT future returns. Large units! Recent major repairs, including a new gas furnace (2023), a replaced 2nd-floor roof (2023), sewer line repairs (2024), south-side flat roof repairs (2024), and upgraded sidewalks (2022), ensure minimal maintenance and long-term durability. The property consists of two 2-bedroom units and two 1-bedroom units, offering versatility for a wide range of tenants. This property also features secure, designated storage areas for tenants to ensure maximum comfortability. Located in a prime area, the property is just minutes from shopping, dining, schools, and major commuter routes, ensuring consistent rental demand. With a combination of immediate returns and the potential for further appreciation, this turnkey investment is an opportunity not to be missed. Landlord pays Gas Heat, Hot Water, Water, Lawn and Snow Maintenance. Tenants pay Garbage, Sewer, and Electric. Appliances are landlord owned EXPECT for washers and dryers. View the document tab for additional details.