1. Pennsylvania
  2. Slatington Boro
  3. 485 South Walnut Street
$349,900

485 South Walnut Street, Slatington Boro, PA 18080

  • 7 beds |
  • 3 baths |
  • 2,632 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon6,229sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $133/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Live in One, Rent the Other—Or Add to Your Investment Portfolio! Welcome to 485 S Walnut St in Slatington—a unique 2-house property offering flexibility, strong income potential, and recent upgrades throughout. House 1 is now vacant, making it the perfect opportunity for an owner-occupant to move in and enjoy rental income from House 2, or to rent out both houses for maximum cash flow. House 2 is currently rented at $2,100/month, and House 1 has a rental potential of $2,000/month, bringing the projected gross income to $49,200 annually with an estimated net income of approximately $39,600. The front House features 3 spacious bedrooms and 1 full bath, while the rear House offers 4 bedrooms and 1.5 baths—ideal for larger families or long-term tenants. Both houses have been tastefully updated with LVT flooring, modern kitchens, refreshed bathrooms, and newer roofs (within the last 5 years). Tenants pay all utilities except water and trash, keeping owner expenses low. Whether you're an investor seeking turnkey cash flow or a homeowner looking to offset your mortgage, this property delivers versatility and long-term value. Situated in a quiet neighborhood with easy access to schools, shopping, and major roadways, 485 S Walnut St is an opportunity you don’t want to miss!

Listing Status:
Active
Listing Office:
Coldwell Banker Hearthside : (610) 465-5600
MLS ID:
762425
  • A/C: None
  • Heating: Electric

This listing courtesy of Coldwell Banker Hearthside

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Slatington Elementary School

1201 Shadow Oaks Ln, Slatington, PA, 18080

Grades 3-6

1.63 miles away

N

Northern Lehigh Middle School

600 Diamond St, Slatington, PA, 18080

Grades 7-8

1.20 miles away

N

Northern Lehigh High School

1 Bulldog Ln, Slatington, PA, 18080

Grades 9-12

1.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.