105 2nd St, Slatington, PA 18080 For Sale

Fully occupied 7unit investment property generating $120,117 in gross income and $78,938 in net income. The building features a strong unit mix of four 3-bedroom units and three 2-bedroom units, offering spacious layouts that attract consistent tenant demand. The property includes six off-street parking spaces and two leased garages, plus a coin-operated laundry facility for additional income.

Tenants pay electric and heat, with the building fully converted to all-electric systems, while landlord expenses are limited to taxes, insurance, and water/sewer/trash, keeping operations simple.

Over $200,000 in capital improvements have been completed, including full sewer line replacement (cast iron to PVC), extensive PEX water line upgrades, seven new electric hot water heaters, roof and siding improvements, laundry room installation, and multiple apartment renovations.With strong inplace income, minimal landlord expenses, recent major system upgrades, and additional parking/garage revenue, the property offers a stable, turnkey multifamily investment with long-term reliability.