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Lehigh Valley Just Listed LLC
7108 Pa Route 873, Washington Township, PA 18080
- $660,000
- 6,690
- SqFt
- Sold Price
- $660,000
- List Price
- $700,000
- Closing Date
- Dec 30, 2025
- MLS#
- 767520
- Status
- CLOSED
- Type
- Multifamily
- City
- Washington Township
- Area
- Washington_L
- County
- Lehigh
- Living Area
- 6,690
- Lot Size
- 104,108
- Year Built
- 1954
Property Description
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.
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Additional Information
- Acres
- 2.39
- Cooling
- Window/Wall
- Living Area
- 6,690
- Lot Size
- 104,108
- Parking Spaces
- 8
- Region
- Washington_L
- School District
- Northern Lehigh
- Sewer
- Septic Tank
- Subdivision
- Not In Development
- Zoning
- C-Commercial
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Listing courtesy of EXP Realty LLC. Contact:
Selling Office: Keller Williams Northampton.The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.