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$650,000
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Property Description
Turnkey 4-unit investment opportunity generating strong cash flow in a prime downtown location. This well-maintained property produces $78,600 in gross annual income with an impressive net income of $63,542, delivering a 9.77% cap rate. The building has been extensively updated, featuring a newer roof, modernized kitchens and bathrooms, and durable LVP flooring throughout most of the building. Over $70,000 in improvements have been invested into the thriving daycare tenant occupying the first floor, adding long-term stability to the income stream. Additional highlights include off-street parking, with ample free public parking nearby for tenants and visitors. Ideally situated within walking distance to restaurants, shops, and everyday conveniences, this property benefits from strong rental demand. Value-add potential remains with opportunities to introduce on-site laundry, create additional storage income, and possibly expand existing units to further increase returns. A solid, income-producing asset ready to enhance any investment portfolio.
Full Property Details
Full Property Details for 662 Main St
General
- Price: $650,000
- HOA FEE: $1,000
- Taxes: $7,208
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 776402
- Updated: 5/5/2026
- Added to Site: 23 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 4
- Parking Features: Off Street, On Street
Location
- Area: Slatington
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: 873 north to Main St
School Information
- Elem School District: Northern Lehigh
- Midd School District: Northern Lehigh
- High School District: Northern Lehigh
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 3
- Square Feet: 5,614
- Living Area: 5,614 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.061
- Lot Size (Sq. Ft.): 2,657
- Lot Size Source: Public Records
- Zoning: TC
Financial Considerations
- Maint. Fee: $1,000
- Operating Expenses: $15,058
- Tax Amount: $7,208.83
Disclosures and Reports
- Property ID: 556203543664 1
Listed by RE/MAX Real Estate
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Schools
Schools serving 662 Main St
School District:Northern Lehigh School District
| Name | Grades | Distance |
|---|---|---|
Slatington El School 1201 Shadow Oaks Lane, Slatington, PA 18080 | 3-6 | 1.1 mi |
Peters El School 4055 Friedens Road, Slatington, PA 18080 | K-2 | 2.4 mi |
Northern Lehigh Middle School 600 Diamond Street, Slatington, PA 18080 | 7-8 | 0.6 mi |
Northern Lehigh Senior High School 1 Bulldog Lane, Slatington, PA 18080 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 662 Main St
Date
Details
Price
Change
Source
5/05/2026
Listed
$650,000
35.42%
MLS
7/30/2024
Sold
$480,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 662 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,209
4%
$183,100
—
2025
$6,913
4%
$183,100
—
2024
$6,618
6%
$183,100
—
2023
$6,234
1%
$183,100
—
2022
$6,142
31%
$183,100
—
2019
$4,679
-19%
$183,100
—
2020
$5,785
2%
$183,100
—
2019
$5,658
2%
$183,100
—
2018
$5,545
—
$183,100
—
2017
$5,522
—
$183,100
—
2016
$5,507
1%
$183,100
—
2015
$5,450
2%
$183,100
—
2014
$5,348
—
$183,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 662 Main St
662 Main Street, Slatington Boro, PA 18080 (MLS# 776402) is a Apartment property with 6 bedrooms and 4 full bathrooms. 662 Main Street is currently listed for $650,000 and was received on May 05, 2026. Want to learn more about 662 Main Street? Do you have questions about finding other Apartment real estate for sale in Slatington Boro? You can browse all Slatington Boro real estate or contact a Coldwell Banker agent to request more information.

