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.
For sale
$650,000
662 Main St, Slatington, PA 18080
6beds
5,614sqft
Mixed Use, Multi Family, Apartment
Built in 1900
-- sqft lot
$627,300 Zestimate®
$116/sqft
$-- HOA
What's special
Off-street parkingModernized kitchensNewer roof
- 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#: 776402
Originating 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
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Listed for sale | $650,000+35.4%$116/sqft |
Source: | ||
| 7/31/2024 | Sold | $480,000-3.8%$86/sqft |
Source: | ||
| 6/13/2024 | Pending sale | $499,000$89/sqft |
Source: | ||
| 6/6/2024 | Listed for sale | $499,000+87.6%$89/sqft |
Source: | ||
| 1/8/2024 | Listing removed | -- |
Source: GLVR #729250 Report a problem | ||
| 12/31/2023 | Price change | $1,399-3.5% |
Source: GLVR #729250 Report a problem | ||
| 12/8/2023 | Listed for rent | $1,450 |
Source: GLVR #729250 Report a problem | ||
| 10/16/2023 | Sold | $266,000-9.8%$47/sqft |
Source: | ||
| 10/2/2023 | Pending sale | $295,000$53/sqft |
Source: | ||
| 9/17/2023 | Listed for sale | $295,000+115.3%$53/sqft |
Source: | ||
| 9/25/2014 | Sold | $137,000$24/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 4/10Slatington El SchoolGrades: 3-6Distance: 1.1 mi
- 6/10Northern Lehigh Middle SchoolGrades: 7-8Distance: 0.6 mi
- 6/10Northern Lehigh Senior High SchoolGrades: 9-12Distance: 0.8 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Lehigh County
- Slatington
- 18080
- 662 Main St







