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

485 South Walnut Street, Slatington Boro, PA 18080

  • 7 beds |
  • 3 baths
  • 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 $——/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

Excellent Investment Opportunity or Live-In Landlord Option! Welcome to 485 S Walnut St in Slatington, this 2-house property is fully occupied, offering strong rental income and modern upgrades throughout. This well-maintained property features 2 separate houses and is currently grossing $42,000 (House 1 $1,400 under value, House 2 $2,100) annually with a net income of approximately $32,400 per year, making it an ideal addition to any real estate portfolio. The front house features 3 spacious bedrooms and 1 full bath, while the rear house offers 4 bedrooms and 1.5 baths—perfect for larger households or long-term tenants. Both units have been recently updated with durable LVT flooring, stylish kitchens with modern finishes, refreshed bathrooms, and both roofs have been replaced within the last 5 years. Tenants pay all utilities except water and trash, reducing overhead costs for the owner. Whether you’re an investor seeking cash flow or a buyer looking to offset your mortgage by living in one unit and renting out the other, this property provides flexibility and long-term value. Located in a quiet neighborhood with easy access to schools, shopping, and major roadways, 485 S Walnut St is a turn-key opportunity you won’t want to miss.

Listing Status:
Active
Listing Office:
Coldwell Banker Hearthside : (610) 465-5600
MLS ID:
759532
  • 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.