$750,000

7108 Pa Route 873 Washington Twp, PA 18080

$8,906
Closing credit¹
6,690 sqft
2.4 acres
$112 / sqft
Condo

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

Home typeCondominium
HeatingBaseboard, Electric, Forced Air, Oil
StatusActive
CoolingWall/Window Unit(s)
Size6,690 sqft
Lot size2.39 Acres
Year built1954
ParkingAttached, Garage, Parking Lot
MLS #754963
Attached garageYes

Summary

  • MLS Number: 754963
  • MLS Name: HIGH
  • Office Name: EXP Realty LLC
  • Office Phone: (888) 397-7352

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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.

All data from GreatSchools

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.

How much money do the neighbors make?

28%
<35k
51%
35k-100k
20%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
7%
Single, with Kids
37%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
51%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • SoccerSoccer
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ArbysArbys
  • Jimmy JohnsJimmy Johns
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • GMCGMC
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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