$725,000

7108 Pa Route 873 , Washington, PA 18080

 
Bedrooms:0 beds
Bathrooms:0 baths
(None specified):6,690 sqft
Lot:2.39
Year Built:1954
Listing Status:Active

Listing Agent

Michael Crocefoglia
http://expenterprise.com
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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 three years, reflecting its strong tenant appeal and operational stability. With an actual net operating income (NOI) of $62K 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 8.3% cap rate, and a proforma 9.6% 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.

Detailed Items

Other Information

7108 Pa Route 873, Washington, PA, 18080 is a (none specified) listing of 6,690 sqft on a lot of 2.39. This (none specified) listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property7108 Pa Route 873, Washington, PA
Copyright © 2025 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.

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