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$319,000
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Property Description
Incredible opportunity to own this FULLY OCCUPIED 2 unit property in Northern Lehigh School District. Housing Authority APPROVED RENT is: UNIT 1 $1350 and UNIT 2 $2100- $41,400 GROSS INCOME POTENTIAL. With over 2,900 sq feet, this converted home is in outstanding condition and features a beautiful wrap around deck, high ceilings, hardwood floors, large yard, off street parking for 4 cars and laundry on site for Unit 1. Unit 1 includes 2 large bedrooms, separate dining room, back porch and full basement access with W/D included. Unit 2 is split between 2 floors and includes 5 bedrooms, eat-in kitchen, closet storage space and rear deck. Gross income is $32,400, NET INCOME is $22,578. Both units are occupied with long term tenants who are each on a month to month lease. Current rent rates are BELOW MARKET VALUE. Low annual taxes, separate upgraded electric, separate water meters and tenants take care of lawn maintenance & snow removal. Tenant pays electric, heat, cable, internet. Landlord pays water, sewer, trash, insurance, taxes. Section 8 approved.
Full Property Details
Full Property Details for 1116 Main St
General
- Sold For: $319,000
- HOA FEE: $1,200
- Taxes: $4,673
- Status: Closed
- Type: Single Family
- Source: Lehigh_Valley
- MLS ID: 754729
- Added to Site: 318 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 4
- Parking Features: Off Street, Parking Pad, On Street
Location
- Area: Slatington
- County: Lehigh
- Subdivision: Not in Development
- Driving Directions: N Cedar Crest Blvd, Turn left onto Mauch Chunk Rd, Turn left onto PA-329 W/Old Post Rd, Continue to follow Old Post Rd, Turn right onto PA-873 N, Property will be on the left
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
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Property Detached: Yes
- Construction: Vinyl Siding
- Stories/Levels: 2
- Square Feet: 2,917
- Living Area: 2,917 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.135
- Lot Size (Sq. Ft.): 5,881
- Lot Size Source: Public Records
- Lot Dimensions: 40 x 148
- Zoning: TR-TOWN RESIDENTIAL
Financial Considerations
- Maint. Fee: $1,200
- Tax Amount: $4,673.82
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 556211088669001
Listed by Keller Williams Allentown
Sold by Keller Williams Allentown
Get Pre-Approved Today
Schools
Schools serving 1116 Main St
School District:Northern Lehigh School District
| Name | Grades | Distance |
|---|---|---|
Slatington El School 1201 Shadow Oaks Lane, Slatington, PA 18080 | 3-6 | 1.4 mi |
Peters El School 4055 Friedens Road, Slatington, PA 18080 | K-2 | 2.2 mi |
Northern Lehigh Middle School 600 Diamond Street, Slatington, PA 18080 | 7-8 | 0.9 mi |
Northern Lehigh Senior High School 1 Bulldog Lane, Slatington, PA 18080 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1116 Main St
Date
Details
Price
Change
Source
5/14/2025
Sold
$319,000
-8.6%
MLS
4/02/2025
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1116 Main Street, Slatington Borough, PA 18080 (MLS# 754729) is a Single Family property that was sold at $319,000 on May 14, 2025. Want to learn more about 1116 Main Street? Do you have questions about finding other Single Family real estate for sale in Slatington Borough? You can browse all Slatington Borough real estate or contact a Coldwell Banker agent to request more information.
