7108 Pa Route 873 Washington Twp, PA 18080
Property details
About 7108 Pa Route 873
Investors, take notice—7108 PA Route 873 in Slatington is a rare opportunity to acquire a fully occupied, 7-unit mixed-use property that delivers consistent performance and outstanding value-add potential. This income-generating asset features five well-maintained apartments (four 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit), a detached 2-bedroom, 1-bath ranch home, as well as a 1,200 square foot workshop/storage building, and two garages that provide additional rental income streams. Tenants cover electric, and trash, while the landlord is responsible for water/sewer, heat, lawn care, and house electric meter. The property has been fully occupied for the past three years, reflecting its strong tenant appeal and operational stability. With an actual net operating income (NOI) of $62K and a pro forma NOI of $72,000, this property offers immediate cash flow with room for increased returns through strategic upgrades and rent adjustments. Offered at an actual 8.3% cap rate, and a proforma 9.6% cap rate. Whether you're expanding your portfolio or seeking your next high-performing asset, this property checks all the boxes for stability, upside, and long-term investment success.
Highlights
Summary
- MLS Number: 754963
- MLS Name: HIGH
- Office Name: EXP Realty LLC
- Office Phone: (888) 397-7352
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Last updated on: 4/5/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
7108 Pa Route 873
$8,906
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Slatington Elementary School
Public District 3-6
2.3 mi
•1201 Shadow Oaks Ln
7
Schnecksville Elementary School
Public District KG-5
4.5 mi
•4260 Sand Spring Rd
7
Lehigh Elementary School
Public District KG-5
4.9 mi
•800 Blue Mountain Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,494. The majority of Washington Twp, PA residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
Frequently asked questions
About 7108 Pa Route 873
This home is located at 7108 Pa Route 873 in Washington Twp, PA and zip code 18080. This 6,690 square foot home, which was built in 1954, sits on a 2.39 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $750,000.
Washington Twp, PA housing market in March 2025 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 0 sold below. The number of homes for sale in Washington Twp, PA increased by 20% between February and March 2025. In March 2025, listings were on the market for 1 days. During the same period, the median list price in this real estate market was $272,000.