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176 S 2nd Street

Lehighton Borough, PA 18235

12 beds
4 baths
8,000 sqft
7,405 sqft lot
$27 per sqft
1800 build

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$37,800 INCOME, $28,902 PROFIT. *12%+ CAP RATE.* Turnkey cash flowing 4 unit asset with easy-to-add 1 unit. Three large rental units + 1 commercial storefront located in highly trafficked prime downtown location. Over 150k in upgrades and renovations to these buildings in the past few years. Zoned Commercial including newly renovated 3-6 bedroom apartment located on 2nd and 3rd floor of main building. *New floors, roof, gutters, paint. On lower level behind storefront - 3 bedroom apartment with patio and large backyard. To the rear of the property, a detached 3 bedroom apartment with 3 car garage. The 4th commercial unit is currently the storefront is being operated as a successful flower shop with a long-term lease. All deposits and executed leases. Top Rents due to condition and location. Immediate re-rent. Thousands in upgrades to exterior and interior. Upgraded utilities. Upgraded and remodelled units. Low upkeep.

Listing courtesy of GLVR / CENTURY 21 Keim

Last checked: Checking… • Last updated Jun 4, 2025 •

MLS# 585038 —

The Building

Construction Materials:

ShingleSiding
Year Built Details:

Unknown
Year Built:

1800
Number Of Units Total:

4
Building Area:

Estimated

Interior

Interior Features:

Balcony
Stories:

2
Stories Total:

2
Flooring:

Hardwood
Living Area:

8000.0
Living Area Source:

Estimated

Financial & Terms

Listing Terms:

Cash,Conventional
Buyer Financing:

Conventional

Location

Longitude:

-75.710637
Latitude:

40.831907

The Property

Property Type:

ResidentialIncome
Property Sub Type:

Apartment
Property Sub Type Additional:

Commercial
Zoning:

Commercial
Property Condition:

Unknown
Parcel Number:

70A10-29-R32
Lot Size Acres:

0.17
Lot Size Area:

7405.0
Lot Size Square Feet:

7,405 Sqft
Lot Size Units:

SquareFeet
Lot Size Source:

PublicRecords

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$3,548.94

Beds

Bedrooms Total:

12

Baths

Bathrooms Full:

4
Bathrooms Total:

4

Heating & Cooling

Cooling:

WallUnits
Cooling:

true
Heating:

Gas,Oil
Heating:

true

Utilities

Sewer:

PublicSewer
Utilities:

CableAvailable
Water Source:

Public

Schools

Middle School District:

Lehighton
High School District:

Lehighton

The Community

Subdivision Name:

Not In Development

Parking

Parking Features:

Garage
Parking Total:

10.0
Garage:

true

Explore the Area

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From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/28/18 Sep 28, 2018	Sold	GLVR	$220,000

Multifamily Sold on 9/28/2018

$220,000

Listing provided by broker:

Tejas Gosai

CENTURY 21 Keim

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Listing Courtesy of: GLVR and CENTURY 21 Keim.

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Estately, Inc, are indicated by detailed information about them such as the name of the listing firms. Information Deemed Reliable But Not Guaranteed. Copyright 2025 Greater Lehigh Valley REALTORS®.

176 S 2nd Street

Lehighton Borough, PA 18235