Lenhartsville PA Multi Family for Sale
- Type:
- Investment
- Sq.Ft.:
- 13,801
- Status:
- Active
- Beds:
- 21
- Lot size:
- 9.86 Acres
- Year built:
- 1935
- Baths:
- 15.00
- MLS#:
- 734264
- Subdivision:
- Not In Development
ADDITIONAL INFORMATION
UNIQUE INVESTMENT OPPORTUNITY in this 20 unit property situated on just shy of 10 acres consisting of two parcels and a short 20 minute commute to the Lehigh Valley. This property consists of 2-3BR units, 2-2BR units, 11-1BR/ efficiency units, 3 storage spaces, a workshop with garage, and a commercial garage.Plenty of value add and upside potential with rent increases and the potential to add more units. Check with zoning and the local municipality regarding options. All residential units are fully occupied with 1 year leases/security deposits in place. Owners pay W/S/T and common electric. All utilities are separate and tenants pay heat(electric), electric, and cable. New roofs and windows were recently installed on all the main buildings and commercial garage.List price reflects a cap rate of over 10% based on current rents and occupancy. Don't miss out on this unique opportunity!!!
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Lenhartsville Real Estate
The median home value in Lenhartsville, PA is $310,000. This is higher than the county median home value of $257,000. The national median home value is $338,100. The average price of homes sold in Lenhartsville, PA is $310,000. Approximately 42.67% of Lenhartsville homes are owned, compared to 41.33% rented, while 16% are vacant. Lenhartsville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lenhartsville real estate agent to arrange a tour today!
Lenhartsville, Pennsylvania 19534 has a population of 162. Lenhartsville 19534 is less family-centric than the surrounding county with 23.02% of the households containing married families with children. The county average for households married with children is 28.1%.
The median household income in Lenhartsville, Pennsylvania 19534 is $48,750. The median household income for the surrounding county is $69,272 compared to the national median of $69,021. The median age of people living in Lenhartsville 19534 is 39.5 years.
Lenhartsville Weather
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 46.8 inches per year, with 20.3 inches of snow per year.