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For sale
  • $650,000

    662 Main St, Slatington, PA 18080

    6beds
    5,614sqft
    : 
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    Mixed Use, Multi Family, Apartment
    Built in 1900
    -- sqft lot
    $627,300 Zestimate®
    $116/sqft
    $-- HOA

    What's special

    Off-street parkingModernized kitchensNewer roof
    Turnkey 4-unit investment opportunity generating strong cash flow in a prime downtown location. This well-maintained property produces $78,600 in gross annual income with an impressive net income of $63,542, delivering a 9.77% cap rate. The building has been extensively updated, featuring a newer roof, modernized kitchens and bathrooms, and durable LVP flooring throughout most of the building. Over $70,000 in improvements have been invested into the thriving daycare tenant occupying the first floor, adding long-term stability to the income stream. Additional highlights include off-street parking, with ample free public parking nearby for tenants and visitors. Ideally situated within walking distance to restaurants, shops, and everyday conveniences, this property benefits from strong rental demand. Value-add potential remains with opportunities to introduce on-site laundry, create additional storage income, and possibly expand existing units to further increase returns. A solid, income-producing asset ready to enhance any investment portfolio.
    50 days
    |
    323
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bob Susko Jr. 610-751-1896,

    RE/MAX Real Estate 610-770-9000,

    Kevin Azar 610-770-9000,

    RE/MAX Real Estate

    Source: GLVR,MLS#: 776402MLS LogoOriginating MLS: Lehigh Valley MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 1
      • Full bathrooms: 4
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Interior area
      • Total interior livable area: 5,614 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street, On Street
      • Has uncovered spaces: Yes
      Features
      • Stories: 3
      Lot
      • Size: 2,657 Square Feet
      Details
      • Parcel number: 556203543664 1
      • Zoning: TC
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use, Multi Family, Apartment
      Materials
      • Brick
      Condition
      • Unknown
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Not in Development
      Location
      • Region: Slatington

      Financial & listing details

      • Price per square foot: $116/sqft
      • Tax assessed value: $183,100
      • Annual tax amount: $7,208
      • Date on market: 5/5/2026
      • Cumulative days on market: 51 days

        Estimated market value

        $627,300

        $596,000 - $659,000

        $1,659/mo

        Price history

        DateEventPrice
        5/5/2026Listed for sale$650,000+35.4%$116/sqft
        Source: GLVR #776402 Report a problem
        7/31/2024Sold$480,000-3.8%$86/sqft
        Source: GLVR #739153 Report a problem
        6/13/2024Pending sale$499,000$89/sqft
        Source: GLVR #739153 Report a problem
        6/6/2024Listed for sale$499,000+87.6%$89/sqft
        Source: GLVR #739153 Report a problem
        1/8/2024Listing removed--
        Source: GLVR #729250 Report a problem
        12/31/2023Price change$1,399-3.5%
        Source: GLVR #729250 Report a problem
        12/8/2023Listed for rent$1,450
        Source: GLVR #729250 Report a problem
        10/16/2023Sold$266,000-9.8%$47/sqft
        Source: GLVR #723541 Report a problem
        10/2/2023Pending sale$295,000$53/sqft
        Source: GLVR #723541 Report a problem
        9/17/2023Listed for sale$295,000+115.3%$53/sqft
        Source: GLVR #723541 Report a problem
        9/25/2014Sold$137,000$24/sqft
        Source: GLVR #CC3044 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 18080

          Getting around

          61 / 100
          Somewhat Walkable
          57 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Northern Lehigh

          Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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