Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of RE/MAX Real Estate- MLS# 776402MLS Provider

662 Main StreetSlatington Boro, PA 18080

Multi-Family · 6 Beds · 4 Full Baths · 5,614 Sq. ft. | 0.06 Acres
$650,000 Active

662 Main Street Overview

Time on Site:
55 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

662 Main Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,614
  • Price/Sq.ft. $116
  • Lot 0.06 Acres

Details

General

School Information

  • School District: Northern Lehigh

Income/Expenses

  • Electric Expense: 600.0
  • Insurance Expense: 3850.0
  • Maintenance Expense: 1000.0
  • Net Operating Income: 63542.0
  • Operating Expense: 15058.0
  • Water Sewer Expense: 1800.0

Building Information

  • Year Built: 1900
  • Year Built Details: Unknown

Location/Region

  • County Or Parish: Lehigh
  • MLS Area Major: Slatington
  • Postal City: Slatington Borough
  • Subdivision Name: Not in Development

Tax Information

  • Tax Annual Amount: 7208.83
  • Tax Assessed Value: 183100

General Information

  • Parcel Number: 556203543664 1
  • Property Condition: Unknown
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: TC

Interior

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 6

General Information

  • Living Area: 5614.0
  • Living Area Source: Assessor
  • Stories: 3
  • Stories Total: 3

Exterior

Parking Information

  • Parking Features: Off Street,On Street
  • Parking Total: 4.0

Lot Information

  • Lot Size Area: 2657.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 2657.0
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

Unit Information

Unit 2 Details

  • Total Rent: 1375.0
  • Actual Rent: 1375.0
  • Beds Total: 2
  • Baths Total: 0
  • Description: M2M. Below market value

Unit 3 Details

  • Total Rent: 1700.0
  • Actual Rent: 1700.0
  • Beds Total: 2
  • Baths Total: 0
  • Description: Lease goes to March 2027

Unit 4 Details

  • Total Rent: 1725.0
  • Actual Rent: 1725.0
  • Beds Total: 0
  • Baths Total: 1
  • Description: Two year left. Bumps to 1825 next year

Unit 1 Details

  • Total Rent: 1750.0
  • Actual Rent: 1750.0
  • Beds Total: 2
  • Baths Total: 0
  • Description: Leased until 11/1/2026

662 Main Street Neighborhood

Community

18080 (Washington Twp) Demographics

42
Median Age
370
Population Density (per sq. mile)
30%
College Educated
$61,987
Estimated Median Income
3,686
Estimated Total Home Owners
976
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

662 Main Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

662 Main Street Market Data

Based on the last 30 days in this zip code

$371,450
Average List Price
$246
Average Price per Square Foot
6
Properties Sold
56
Average Days on Market
6
Properties for Sale
Calculations provided by Reliance Network

662 Main Street History

Date Event Value Agent
5/5/2026Source: Greater Lehigh Valley MLS Added to Database
May 05, 2026
11/17/2025Source: Greater Lehigh Valley MLS Added to Database
November 17, 2025
7/28/2025Source: Greater Lehigh Valley MLS Added to Database
June 05, 2025