1361 West Lizard Creek Road

Lehighton, PA 18235

$1,200,000
Price
14
Beds
7
Baths
8,271 Sq. Ft.
$145 / Sq. Ft.
8,271
Sq. Ft.
$145
per Sq. Ft.

Description

$85200 Gross Rent a year and minimal maintenance. Discover an exceptional investment opportunity with this 1992-built, 7-unit apartment building featuring a timeless brick front and solid construction. Each unit offers two spacious bedrooms and one full bath, an LR, & a balcony/ Wide solid staircase. The top Floor is a penthouse Nestled on a picturesque 2.46-acre lot, this property is ideally located near beautiful state parks and essential amenities, blending the serenity of nature with urban convenience....$85200 Gross Rent a year and minimal maintenance. Discover an exceptional investment opportunity with this 1992-built, 7-unit apartment building featuring a timeless brick front and solid construction. Each unit offers two spacious bedrooms and one full bath, an LR, & a balcony/ Wide solid staircase. The top Floor is a penthouse Nestled on a picturesque 2.46-acre lot, this property is ideally located near beautiful state parks and essential amenities, blending the serenity of nature with urban convenience. Recent upgrades, including a new roof and water system to ensure the property remains in excellent condition with low maintenance costs. Long-term tenants provide stable rental income, with current rents attractively low, presenting a prime opportunity to increase market rates and boost your ROI. 5000 Sq Ft Paved parking for 15 cars.and Coin operated laundry in the building. Beyond its immediate benefits, the expansive lot offers significant potential for future development, allowing you to tailor the property to meet evolving market demands and maximize growth potential. This property is more than just an income generator; it’s a versatile asset with both immediate rewards and long-term possibilities. Whether you're a seasoned investor or new to real estate, this apartment building is sure to meet your financial goals and exceed your expectations. Contact us now to schedule a viewing and take the first step towards enhancing your portfolio with this remarkable opportunity.
  1. Listed by Preety Minhas • Keller Williams Real Estate

Property Details for 1361 West Lizard Creek Road

Area
East Penn
Sub division
No Subdivision

Location

Listing Courtesy of Keller Williams Real Estate
Add your commute
LISTING UPDATED: 05/21/2024 12:10 PM

Property Details for 1361 West Lizard Creek Road

StatusAvailable
MLS #738176
Days on Market27
Taxes$10,922 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1992
CountyCarbon County

Location

Listing Courtesy of Keller Williams Real Estate
Add your commute

Building Information for 1361 West Lizard Creek Road

Building/Complex1361 W Lizard Creek RdFloor-Stories2Residences7Pet Policy-Year Built1992Building Size-

Payment Calculator

$7,459 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$910

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1361 West Lizard Creek Road

Summary
Location and General Information
  • Directions: via PA-248 W and PA-895 W
  • School District: Lehighton
Parking
  • Garage: Off Street, Parking Lot
  • ParkingSpaces: 16
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $1,828.93
  • Lawn Snow Removal: $2,000
  • Maintenance Repair: $1,000
  • Management: 0
  • Municipal Taxes: $1,214.56
  • School Taxes: $7,878.02
  • Total Taxes: $10,921.51
Property
Lot Information
  • Acres: 2.46
  • APN: 72-9-A23.01
  • Lot Size Source: Tax Records
  • Zoning Code: VC
Property and Assessments
  • County Assessment: $149,300.00
  • Features: Balcony, Central Laundry, Fire Escape
  • Property SubType Category: Apartment Style, Detached
  • Square Footage Source: Tax Records
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Ceiling Fans, Window ACs
  • Electric: 800
  • Gas: $0
  • Sewer: Septic
  • Water: Well
  • Water Sewer: 1500
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Stucco
Interior Features
  • Baths: Modern
  • Heat: $0
  • Heat Type: Electric
Multi Family
Multi-Family Information
  • Gross Income: $85,200.00
  • Insurance: $5,000
  • Net Income: $61,179.00
  • Operating Expense: $24,021
  • Other Expenses: $0
  • Trash Removal: 3600
  • Total Unit Count: 7
  • Total Units: 7
Unit 2
  • Unit Total2 Bedrooms: 7

Property History for 1361 West Lizard Creek Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1361 West Lizard Creek Road

This home is within Lehighton Area School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
East Penn El School
PublicK to 4

Lehighton Area Middle School
Public6 to 8

Lehighton Area High School
Public9 to 12

Lehighton Area Elementary School
PublicPK to 5

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1361 West Lizard Creek Road is a multi-family home for sale in Lehighton, PA 18235. This property was listed for sale on May 20, 2024 by Keller Williams Real Estate, it's currently listed at $1,200,000. This listing's school district is Lehighton Area School District. Nearby schools include East Penn El School, Lehighton Area Middle School and Lehighton Area High School. 1361 West Lizard Creek Road is a 14-bed, 7-bath, 8,271 sqft multi-family home built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.