7108 PA Route 873
Washington Twp, PA 18080
- – beds
- – baths
- 6,690 sqft
- ~2 acre lot
- $112 per sqft
- 1954 build
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 three years, reflecting its strong tenant appeal and operational stability. With an actual net operating income (NOI) of $62K 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 8.3% cap rate, and a proforma 9.6% 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.
Last checked:
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Last updated Apr 3, 2025
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MLS# 754963 —
The Building
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Year Built:1954
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Construction:Aluminum, Brick, Steel Siding
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SqFt:6,690 Sqft
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SqFt Source:Tax Records
Location
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Area:Washington_L
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, Mixed Use
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Zoning Code:C-Commercial
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Lot Size Source:Tax Records
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Lot SqFt:104108
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Acres:2.390
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$9,130.43
Heating & Cooling
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Heat:3594
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Cooling:Window ACs
Utilities
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Water:Well
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Water/Sewer:2200
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Sewer:Septic
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Gas:No
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Electric:900
Schools
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School District:Northern Lehigh
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:8
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Garage:Attached, Parking Lot
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 |
|---|---|---|---|---|
|
4/2/25
Apr 2, 2025
|
Listed / Active | GLVR | $750,000 |
