7108 PA Route 873, Washington Twp, PA 18080

• 6,690 sqft

Property Description

Investors, take notice—7108 PA Route 873 in Slatington is a rare opportunity to acquire a fully occupied, 7-unit mixed-use property that delivers consistent performance and outstanding value-add potential. This income-generating asset features five well-maintained apartments (four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit), a detached 2-bedroom, 1-bath ranch home, as well as a 1,200 square foot workshop/storage building, and two garages that provide additional rental income streams. Tenants cover electric, and trash, while the landlord is responsible for water/sewer, heat, lawn care, and house electric meter. The property has been fully occupied for the past four years, reflecting its strong tenant appeal and operational stability. With an actual net operating income (NOI) of $63K and a pro forma NOI of $72,000, this property offers immediate cash flow with room for increased returns through strategic upgrades and rent adjustments. Offered at an actual 9% cap rate, and a proforma 10.3% cap rate. Whether you're expanding your portfolio or seeking your next high-performing asset, this property checks all the boxes for stability, upside, and long-term investment success. Owner is a licensed Realtor.

Listing Status:

Active

Listing Office:

EXP Realty LLC : (888) 397-7352

MLS ID:

767520

Interior

• A/C: Wall/Window Unit(s)
• Heating: BaseboardElectricForced AirOil

Exterior

• Parking: AttachedGarageParking LotParking spaces: 8

Construction

• General: Aluminum SidingBrickSteel Siding

Location

• Originating MLS: HIGH_LHI
• School District: Northern Lehigh
• County: Lehigh

Lot

• Zoning: C-Commercial555196267684 001

Utilities

• Water: Well
• Sewer: Septic Tank

Financial

• Source: HIGH_LHI

This listing courtesy of EXP Realty LLC