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Duplex with Detached Garage Income

320 N 1st Street Lehighton, PA 18235

320 N 1st Street, Lehighton, PA, 18235
$262,500
For Sale
$262,500

MULTI_FAMILY - Lehighton Boro, PA

Property Size2,400 SF
Lot Size0.14 Acres
Price / SF$109.38
Days on Market47

Property Features for 320 N 1st Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
C-3
Parking
2
Parking features
Garage
Standard status
Active
APN
70A10-30-R30
Size
2,400 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Annual Amount
3779

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1925
Number of units
2
Building materials
VinylSiding
Listing Agency BHHS - Choice Properties
145 S Main St, Nazareth, PA
Listed by Ann L. Lerch
Added: Jun 2 Checked: Jul 18 at 1:06 am
MLS# 777976 Listing URL

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.


Investment Insights

Based on property information with market context.

This duplex offers two spacious apartments, each configured with 2 bedrooms and 1 full bath. Both units utilize economical natural gas heat and include washer and dryer hookups for tenant convenience. The upper-level apartment also features a bonus room that can serve as a home office, hobby area, or extra storage, and provides access to attic storage. Outside, tenants benefit from on-street parking, while a detached two-car garage is positioned separately from the residential units and is currently rented for additional income.

Located in Lehighton, the property sits on a compact lot and is positioned for straightforward day-to-day access and parking via the street. The presence of both occupied apartments and an income-producing garage supports an investor-friendly setup from the start, with separate income streams already in place.

With both units currently occupied and well-suited for tenants seeking practical in-unit laundry connections, this property fits an investor looking to add a cash-flowing residential income asset. The added benefit of separately rented garage space can help strengthen overall returns, making it a compelling option for portfolio growth in Carbon County.

Key Highlights

  • Duplex built in 1925 with vinyl siding and natural gas heating
  • Two rental units, each with 2 bedrooms and 1 full bath
  • Washer and dryer hookups in each unit

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $43.2k $18.00
− Vacancy −$2.9k −$1.22
EGI $40.3k $16.78
− OpEx −$18.1k −$7.55
NOI $22.1k $9.23
2,400 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$359.6K
$314.7K – $419.6K (±1% cap)
NOI $25,175 @ 7.0% cap · market cap 9.59%
Second Best
Apartment 5plus
$316.3K
$276.8K – $369.1K (±1% cap)
NOI $22,144 @ 7.0% cap · market cap 8.44%
Theoretical Best
Specialty Retail
$471.5K
$412.6K – $550.1K (±1% cap)
NOI $33,005 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Spa & Massage Center Furniture & Home Goods Dental Office Nail Salon Carpet & Flooring Store Accounting Firm Catering Service Bakery Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two occupied 2-bedroom units with natural gas heat and shared washer/dryer hookups, plus a separately rented two-car garage.
Where is this duplex located?
The property is located at 320 N 1st Street Lehighton, PA.
What is the asking price?
The asking price for this property is $262,500.
What are key features of this property?
This property features: Duplex built in 1925 with vinyl siding and natural gas heating; Two rental units, each with 2 bedrooms and 1 full bath; Washer and dryer hookups in each unit
Contact an agent
More about this property
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