Welcome to this well-maintained 2-unit apartment building, a perfect investment opportunity for those looking to acquire a property with stable, long-term tenants.Both units are currently on month-to-month leases, providing flexibility for future owner-occupancy or continued rental income.Each unit features electric heating for year round comfort, with the first floor unit also benefiting from the option to utilize an oil forced hot air furnace.The building is equipped with off-street parking, ensuring convenience for tenants.Current rents are below market rates, presenting an opportunity for future.The current rents includes water,sewer and garbage in their rent, and tenants are responsible for their heat and electric.Don't miss this opportunity to enhance your real estate portfolio.
The median home value in Palmerton, PA is $210,000. This is lower than the county median home value of $232,000. The national median home value is $338,100. The average price of homes sold in Palmerton, PA is $210,000. Approximately 50.5% of Palmerton homes are owned, compared to 41.35% rented, while 8.16% are vacant. Palmerton 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 Palmerton real estate agent to arrange a tour today!
Palmerton, Pennsylvania has a population of 5,585. Palmerton is more family-centric than the surrounding county with 30.54% of the households containing married families with children. The county average for households married with children is 23.04%.
The median household income in Palmerton, Pennsylvania is $60,495. The median household income for the surrounding county is $59,289 compared to the national median of $69,021. The median age of people living in Palmerton is 41.1 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 47.3 inches per year, with 31.1 inches of snow per year.