176 2nd Street
- 5 beds
- 3.5 baths
- 1,134 sqft
- $160 per sqft
- 1920 build
ATTENTION INVESTORS! MOTIVATED SELLER with this FOUR UNIT Mixed Use with 11.9% CAP Rate currently with room to do even more asset management to increase rents. Commercial Storefront is a successful Flower Shop and is a long term tenant. Second and third floor apartments are occupied with detached home in the rear of the property. Located in the heart of Lehighton with plenty of parking spaces on the street. Property needs some TLC and is being sold "as is". Offers will only be accepted with inspections for informational purposes only. Seller will not be willing to do any repairs.
Last checked: Checking… • Last updated Jan 26, 2021 • Source: GLVR
MLS# 653687 —
Amenities & Taxes
The Building
- Year Built:
- 1920
- Construction:
- Other
- Square Footage:
- 1,134 Sqft
Financial & Terms
- Possible Financing:
- Cash, Conventional
Location
- Area:
- Lehighton
- Latitude:
- 40.831937
- Longitude:
- -75.710458
The Property
- Property Type:
- Investment Property
- Property Sub Type:
- Investment Property
- Property Sub Type Category:
- Apartment Style, Commercial, Mixed Use
- Zoning Code:
- B-Ns/Business/Neighborhood
Listing Agent
- Contact info:
- No listing contact info available
Taxes
- Total Taxes:
- $3,711.17
Beds
- Bedrooms:
- 5
Baths
- Bathrooms:
- 4
- Full Bathrooms:
- 3
- Half Bathrooms:
- 1
The Listing
- Marketing Remarks:
- ATTENTION INVESTORS! MOTIVATED SELLER with this FOUR UNIT Mixed Use with 11.9% CAP Rate currently with room to do even more asset management to increase rents. Commercial Storefront is a successful Flower Shop and is a long term tenant. Second and third floor apartments are occupied with detached home in the rear of the property. Located in the heart of Lehighton with plenty of parking spaces on the street. Property needs some TLC and is being sold "as is". Offers will only be accepted with inspections for informational purposes only. Seller will not be willing to do any repairs.
Heating & Cooling
- Heat:
- No
- Cooling:
- No Air
Utilities
- Water Sewer:
- 2400
- Water:
- Public
- Gas:
- 1500
- Sewer:
- Public
- Electric:
- No
Schools
- School District:
- Lehighton
The Community
- Subdivision:
- Not in Development
- Association:
- Lehigh Valley MLS
Parking
- Parking:
- Paved Lot
Schools
| Rating | Details | |
|---|---|---|
|
5
|
Lehighton Area High School
|
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.
The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org
WalkScore®
Provided by WalkScore® Inc.
Soundscore™
Provided by HowLoud
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/26/21
Jan 26, 2021
|
Price Changed | GLVR | $182,000 | -9.0% |
|
11/3/20
Nov 3, 2020
|
Listed / Active | GLVR | $199,900 | -9.1% (-4.3% / YR) |
|
9/28/18
Sep 28, 2018
|
Sold | GLVR | $220,000 |