Five-Unit Mixed-Use
For Sale
$542,000
26 E Ludlow Street, Summit Hill, PA 18250
ResidentialIncome, Summit Hill Boro, PA
Property Size3,200 SF
Lot Size0.19 Acres
Price / SF$169.38
Days on Market37
Property Features for 26 E Ludlow Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
commercial
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 4, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 3
Parking
8
Parking features
Parking Lot, Garage
Elementary school district
Panther Valley
Middle school district
Panther Valley
High school district
Panther Valley
Directions
Route 443 West / Blakeslee BoulevardEast. 5.8 miles. Turn right Mill Road 3.1 miles.Laurel Drive for 1 mile, turn left on Laurel Drive 0.7 mile. Continue onto East Amidon Street 0.3 mile onto South Pine Street. Go 0.1 mile. left East Ludlow Street.
Subdivision
Summit Hill
Standard status
Active
APN
123B-53-D25,26
Size
3,200 SF
Lot size
0.19 Acres
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Oil, Baseboard
Water source
Public
Building Details
Year built
1910
Floors in Building
2
Number of units
5
Building materials
AluminumSiding, BrickVeneer, Frame, VinylSiding
Listing Agency:
Steel City Realty
(484) 895-9005
Listed By:
James J. Reardon
(484) 866-2495
Added: Sep 23
Changed: Oct 28
Last Checked: Oct 29 at 12:06AM
MLS# 785099
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,200-square-foot mixed-use property sits on a 0.186-acre lot and contains two two-bedroom apartments, two one-bedroom apartments, and a commercial space. The commercial area could be converted to a two-bedroom apartment, subject to municipal approvals. The building was constructed in 1910 and has been renovated. It is currently vacant and being marketed for rent. Commercial zoning applies.
On-site parking includes a lot and a detached garage. The property has public water and public sewer service. Its location provides access to outdoor recreation in the surrounding mountain region, including areas near Jim Thorpe and the Poconos. A projected 10.2% cap rate is stated for the property.
On-site parking includes a lot and a detached garage. The property has public water and public sewer service. Its location provides access to outdoor recreation in the surrounding mountain region, including areas near Jim Thorpe and the Poconos. A projected 10.2% cap rate is stated for the property.
Key Highlights
- Four apartments: two two‑bedroom units and two one‑bedroom units
- 3,200 square feet on 0.186 acres
- Commercial space may be converted to a two‑bedroom apartment, subject to municipal approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,248
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,960
$625.0K
Cap Rate 7%
$446,400
$446.4K
Cap Rate 9%
$347,200
$347.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$53.8K $16.80/SF
− Vacancy
−$3.8K −$1.18/SF
EGI
$50.0K $15.62/SF
− OpEx
−$18.7K −$5.86/SF
NOI
$31.2K $9.76/SF
Area
Carbon County, PA
Vacancy
7.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,960
Cap Rate 7%
$446,400
Cap Rate 9%
$347,200
Alternative Uses
Best Use
Mixed Use
$446.4K
$390.6K – $520.8K
NOI $31,248 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$421.8K
$369.1K – $492.1K
NOI $29,526 @ 7.0% cap · market cap 5.45%
Theoretical Best
Specialty Retail
$628.7K
$550.1K – $733.4K
NOI $44,006 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Explore this area
Business Placement
Demographics for 18250, PA
3,046
Population
1,312
Households
2.3
Avg Household Size
43
Median Age
8%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
290
Density / Sq Mi
$66,685
Median Household Income
$38,981
Median Earnings
$1,172
Median Rent
$99,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated and vacant, the property combines four apartments with commercial space and on-site parking.
Where is this mixed-use property located?
The property is located at 26 E Ludlow Street Summit Hill, PA.
What is the asking price?
The asking price for this property is $542,000.
What are key features of this property?
This property features: Four apartments: two two‑bedroom units and two one‑bedroom units; 3,200 square feet on 0.186 acres; Commercial space may be converted to a two‑bedroom apartment, subject to municipal approvals
