103 State Road

Closed 1/31/25

Sold

Last Sold Price

$240,000

7 beds4 baths2,300 sqft

103 State Rd, Lehighton, PA 18235

Multi FamilyProperty Type

0.16 acresLot Size

1882Year Built

$104/sq ftPrice per sq ft

5 carsParking Spaces

Description

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...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!

Listed by: Robert V. Ritter III 610.462.4727 rritter@weichert.com • Weichert Realtors - Allentown

Listing closed: 01/31/2025 12:00 AM • Source: GLVRMLS, MLS#: 748902

Get preapproved with Rocket Mortgage¹

Location

Listing Courtesy of Weichert Realtors - Allentown

Sold By Keller Williams Northampton

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage¹

$4,070 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,240

Property Taxes

$230

HOA Dues

$2,600

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Property Information for 103 State Road

Property Details

Taxes: $2,754 / year
Condo/Co-op Fees: $1,300 semi-monthly
MLS Type: Residential Income / Apartment
County: Carbon County
Senior Community: No
Subdivision Name: Not in Development

Building Information

Building/Complex: 103 State Rd
Stories: 2
Residences: 4
Year Built: 1882

Summary

Location and General Information

Country Subdivision: 42025
Cross Street: circle Dr

Directions: Route 248 West, Right on Interchange Rd (Rte 209), Right on Court St, Right on Held St, Right on Union Hill Rd, Right on Circle Dr. House is on the 2nd to right on the far side of Circle Dr facing Route 248 (State Rd)
Latitude: 40.828981
Longitude: -75.698417
MLS Area Major: Franklin
Zoning: R

Taxes and HOA

Parcel Number: 70E-11-111
Tax Annual Amount: $2,754

Tax Assessed Value: $37,935

School Information

Elementary School District: Lehighton
High School District: Lehighton

Middle Or Junior School District: Lehighton

Parking

Attached Garage: No
Garage: Yes

Parking Total: 5.0

Virtual Tour

Virtual Tour URL Unbranded: https://myvideotour.io/748902_U

Property

Lot Information

Living Area: 2300.0
Lot Size Acres: 0.16

Lot Size Area: 6970.0
Lot Size Square Feet: 6970.0

Property and Assessments

Year Built: 1882
Year Built Details: Unknown

Interior and Exterior Features

Interior Features

Bathrooms Full: 4
Bathrooms Total Integer: 4

Bedrooms Total: 7
Cooling: No
Heating: Yes
Stories: 2
Stories Total: 2

Mobile Home

Mobile Home Information

Human Modified: No

Multi Family

Multi Family Innformationn

Number Of Units Total: 4

Income & Expenses

Electric Expense: $421.00
Fuel Expense: $.00

Gardener Expense: $1,300.00
Gross Income: $39,720
Insurance Expense: $3,449.00
Maintenance Expense: $1,300.00
Net Operating Income: $23,695
Operating Expense: $810.00
Other Expense: $.00
Professional Management Expense: $2,717.00
Trash Expense: $980.00
Water Sewer Expense: $3,684.00

Unit Information

Unit 1

Unit Type Actual Rent: $720.00
Unit Type Actual Rent Range: 720.00

Unit Type Baths Total: 1
Unit Type Beds Total: 1
Unit Type Description: 4 year tenant
Unit Type Occupant Type: Occupied
Unit Type Total Rent: $720.00
Unit Type Unit Num: 105.5

Unit 2

Unit Type Total Rent: $105.00

Unit 3

Unit Type Actual Rent Range: 1
Unit Type Area: 3.0

Unit Type Area Units: section 8 - 19 year tenant

Unit 4

Unit Type Units Total: 1
Unit Type Actual Rent: $2.00

Unit Type Num Full Baths: 1145
Unit Type Occupant Type: 103

Property History for 103 State Road

Date	Event & Source	Price	Appreciation
Jan 31, 2025	Closed GLVRMLS #748902	$240,000	—
Jan 17, 2025	Closed (Public Record) Public Record #1550485460	$240,000	+7.1% / yr
Dec 27, 2024	Pending GLVRMLS #748902		—
Nov 18, 2024	Listed (Active) GLVRMLS #748902	$249,900	—
Aug 30, 2017	Closed (Public Record) Public Record #605009326	$145,000	—
Jun 30, 2005	Closed GLVRMLS #218476	$115,000	—
May 15, 2005	Pending GLVRMLS #218476		—
Feb 27, 2005	Listed (Active) GLVRMLS #218476	$199,900	—

Date	Event & Source	Price
01/31/2025	Closed GLVRMLS #748902	$240,000
01/17/2025	Closed (Public Record) Public Record #1550485460	$240,000 +7.1% / yr
12/27/2024	Pending GLVRMLS #748902	—
11/18/2024	Listed (Active) GLVRMLS #748902	$249,900
08/30/2017	Closed (Public Record) Public Record #605009326	$145,000
06/30/2005	Closed GLVRMLS #218476	$115,000
05/15/2005	Pending GLVRMLS #218476	—
02/27/2005	Listed (Active) GLVRMLS #218476	$199,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 103 State Road

Taxable ValueLand$6,600Additions$31,335Total$37,935

Tax Record2026$2,928 ($244 / month)

Home Facts

Baths1Total Finished SqFt4,242 SqFtAbove Grade Finished SqFt4,242 SqFtStories2Lot Size6,970 SqFtStyleStoresYear Built1920Year Renovated1920ZoningRCountyCARBONAPN70E-11-111

Schools near 103 State Road

This home is within Lehighton Area School District.


Rating	School	Type	Grades	Distance
6/10	Lehighton Area Elementary School	Public - Nearby school	PK to 5	1.5 mi
6/10	Lehighton Area Middle School	Public - Nearby school	6 to 8	1.4 mi
7/10	Lehighton Area High School	Public - Serves this home	9 to 12	1.5 mi
NR	Educare Of Pa	Private - Nearby school	7 to 12	0.3 mi
NR	Bha Academy	Private - Nearby school	K to 12	0.7 mi
NR	Sts. Peter & Paul School	Private - Nearby school	PK to 8	0.9 mi


Rating	School	Distance
6/10	Lehighton Area Elementary School PublicPK to 5 Nearby school	1.5 mi
6/10	Lehighton Area Middle School Public6 to 8 Nearby school	1.4 mi
7/10	Lehighton Area High School Public9 to 12 Serves this home	1.5 mi
NR	Educare Of Pa Private7 to 12 Nearby school	0.3 mi
NR	Bha Academy PrivateK to 12 Nearby school	0.7 mi
NR	Sts. Peter & Paul School PrivatePK to 8 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 18235

$289,900 | 417 3rd Street, Lehighton, PA 18235

1/49

Coming SoonOpen: 9/25 04:30PM - 06:30PM

$289,900

4
Bedrooms: 2
Bathrooms: 2,282
Square Feet: 0.22
Acres

417 3rd Street, Lehighton, PA 18235

1/16

$69,900

2
Bedrooms: 1
Bathrooms: 1,100
Square Feet: 0.31
Acres

122 Horseshoe Lane, Lehighton, PA 18235

1/60

$449,900

4
Bedrooms: 2
Bathrooms: 1,700
Square Feet: 3.10
Acres

1058 Upper Nis Hollow Drive, Lehighton, PA 18235

1/22

$150,000

3
Bedrooms: 2
Bathrooms: 1,620
Square Feet: 0.19
Acres

184 Ashley Lane, Lehighton, PA 18235

1/43

$279,000

4
Bedrooms: 2
Bathrooms: 1,894
Square Feet: 0.40
Acres

341 Fairview Street, Lehighton, PA 18235

1/61

$424,900

3
Bedrooms: 2
Bathrooms: 1,798
Square Feet: 0.33
Acres

14 Brook Drive, Lehighton, PA 18235

1/48

$190,000

2
Bedrooms: 2
Bathrooms: 1,162
Square Feet: 0.09
Acres

357 North 3rd Street, Lehighton, PA 18235

1/32

$250,000

3
Bedrooms: 2
Bathrooms: 1,592
Square Feet: 0.13
Acres

336 Mahoning Street, Lehighton, PA 18235

1/36

$600,000

5
Bedrooms: 3
Bathrooms: 2,612
Square Feet: 3.56
Acres

231 Laurel Road, Lehighton, PA 18235

Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 103 State Road, Lehighton, PA 18235	$240,000	7	4	2,300	6,970
Lot 5 Interchange Road, Lehighton, PA 18235	$44,500	–	–	–	94,960
103-105 State Road, Lehighton, PA 18235	$115,000	–	–	–	7,405
101 Circle Circle, Lehighton, PA 18235	$106,000	3	2	1,579	7,840
101 Circle Drive, Lehighton, PA 18235	$106,000	3	2	1,579	7,841
109 State Road, Lehighton, PA 18235	$13,200	2	1	1,302	7,405
115 State Road, Lehighton, PA 18235	$95,000	3	1	1,458	13,500
110 Circle Drive, Lehighton, PA 18235	–	–	1.5	1,650	9,583
112 Circle Drive, Lehighton, PA 18235	$10,803	–	1	1,290	6,098
125 State Road, Lehighton, PA 18235	$27,500	3	1	1,550	5,662
48 Maple Road, Lehighton, PA 18235	$180,000	3	2	1,860	16,988
48 Maple, Lehighton, PA 18235	$180,000	3	2	1,860	16,988
100 Court Street, Lehighton, PA 18235	–	3	2	2,436	32,670
129 State Road, Lehighton, PA 18235	$84,900	3	1	1,158	4,868
131 State Road, Lehighton, PA 18235	–	–	1	1,348	8,712
111 Circle Drive, Unit 102, Lehighton, PA 18235	$58,600	4	2	1,633	21,780

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert Realtors - Allentown

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Know your buying power with a preapproval and custom rate in minutes

Explore Nearby Homes

Homes in Nearby Weissport East Neighborhoods

Homes in Nearby Weissport East Cities

Homes in Nearby Weissport East Zip Codes