1116 Main St

Incredible opportunity to own this fully occupied 2 unit property in northern lehigh school district. Housing authority approved rent is: unit 1 $1350 and unit 2 $2100- $41,400 gross income potential. With over 2,900 sq feet, this converted home is in outstanding condition and features a beautiful wrap around deck, high ceilings, hardwood floors, large yard, off street parking for 4 cars and laundry on site for unit 1. Unit 1 includes 2 large bedrooms, separate dining room, back porch and full basement access with w/d included. Unit 2 is split between 2 floors and includes 5 bedrooms, eat-in kitchen, closet storage space and rear deck. Gross income is $32,400, net income is $22,578. Both units are occupied with long term tenants who are each on a month to month lease. Current rent rates are below market value. Low annual taxes, separate upgraded electric, separate water meters and tenants take care of lawn maintenance & snow removal. Tenant pays electric, heat, cable, internet. Landlord pays water, sewer, trash, insurance, taxes. Section 8 approved.