103 State Road
Franklin Township, PA 18235
- 7 beds
- 4 baths
- 2,300 sqft
- 6,970 sqft lot
- $108 per sqft
- 1882 build
PRIME OPPORTUNITY to own a well maintained, updated, fully occupied 4-unit investment property on Union Hill in Franklin Township for less than $300K!!!! Set upon Union Hill, this property features 1, 3-bedroom 1-bath unit, 2-bedroom 1-bath unit, and 2, 1-bedroom 1-bath units. All are in great condition! The property offers a huge, wrap-around front porch, 2nd floor porch and incredible views of the Lehigh River and Mahoning Valley!!! Parking includes a 2-car garage for unit 103, PLUS a 3-car parking pad, for other tenants! Garage also includes "landlord storage space" on the main level, and "community" storage space for tenants on the lower level! 3/4 of the occupants are long-term tenants, longest running is 19 years!!! Landlord pays oil heat, water and sewer, pest control contract, and professional property management. Tenants pay their own electric and hot water. Cap Rate of 7%. Without property management, Cap would be closer to 8%. Great opportunity! See it TODAY!!!
Last checked:
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Last updated Dec 20, 2024
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MLS# 748902 —
The Building
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Year Built:1882
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Year Built Exception:Unknown
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Construction:Vinyl
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Stories:2.0
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SqFt:2,300 Sqft
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SqFt Source:Other
Location
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Area:Franklin
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Cross Street Address:circle Dr
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Apartment Style
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Zoning Code:R
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Lot SqFt:6970
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Features:Balcony, Storm Doors, Wall-to-Wall Carpet
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Acres:0.160
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$2,754.21
Beds
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Bedrooms:7
Baths
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Baths:4
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Full Baths:4
The Listing
Heating & Cooling
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Heat:4325
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Cooling:Ceiling Fans, No Air
Utilities
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Water:Public
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Water/Sewer:3684
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Sewer:Public
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Gas:No
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Electric:421
Schools
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School District:Lehighton
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Parking Spaces:5
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Garage:Detached, Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/25/24
Nov 25, 2024
|
Listed / Active | GLVR | $249,900 |
