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7108 PA Route 873, Slatington, PA 18080

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For Sale

$700,000

6,690 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $104.63
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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 four years, reflecting its strong tenant appeal and operational stability. With an actual net operating income (NOI) of $63K 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 9% cap rate, and a proforma 10.3% 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.
MLS# 767520

Courtesy Of exp Realty

(888) 397-7352

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air, Baseboard
  • Lot Size
    2.39 Acres

Map and Directions

Directions to 7108 PA Route 873, Slatington, PA 18080
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Home seller CENTURY 21 Ryon Real Estate

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CENTURY 21 Ryon Real Estate

(610) 767-2200
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