184 S 1st St, Lehighton, PA 18235

Take 476 N PA Turnpike and take exit 74 toward Mahoning Valley. Keep left at the fork, follow signs for Lehighton and merge onto US-209 S. Continue on US-209 S to your destination in Lehighton. Opportunity to purchase a stabilized multifamily mixed use property featuring 7 apartments, 2 street retail, 3 internal office/retail spaces and a 6,200+/- SF 3 floor warehouse. This 15 unit building is located on 1st St in downtown Lehighton surrounded by shops, restaurants and services. Each apartment is fully occupied with private interior entrance. The apartments are large, well maintained and have 2 levels each. The first floor features 2 commercial storefronts and 3 internal office/retail spaces with large interior promenade. The spaces can be combined or separated further depending on the need. The warehouse is connected to the main building and can be accessed from the first or second floor through the main building. The residential apartments on the 2nd and 3rd floor can be accessed via the front or rear of the property, where there is private parking and common outdoor area for the tenants. Each unit is separately metered and tenants pay all utilities directly to the provider. Rent has not been raised to market levels in some time - opportunity for new owner to quickly improve cash flow. This building has strong cash flow at the current occupancy and rental rate. The smart investor will be able to quickly improve occupancy and rental rate, effectively double the net income. Additional units available in adjacent property - contact listing agent for details.