Three-Unit Residential Income
For Sale
$359,900
358 Bridge Street, Lehighton, PA 18235
MULTI_FAMILY - Lehighton Boro, PA
Property Size3,104 SF
Lot Size0.28 Acres
Price / SF$115.95
Days on Market10
Property Features for 358 Bridge Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
residential
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 3, Bathroom 1
Parking
2
Parking features
Off Street, Garage
Interior features
Balcony
Subdivision
Not in Development
Elementary school district
Lehighton
Middle school district
Lehighton
High school district
Lehighton
Directions
Rte 443, right onto 9th St, right onto Bridge St. At the stop sign, bear left onto 3rd St, and the house is immediately on the right side.
Standard status
Active
APN
70A9-28-T57
Size
3,104 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Annual Amount
4519
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Other (Heating), Electric (Heating)
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1920
Number of units
3
Flooring type
Carpet, Hardwood
Building materials
Brick, Stone, VinylSiding
Listing Agency:
Keller Williams Real Estate · Keller Williams Realty
(570) 992-1010
Listed By:
Danette K. Troxell
(570) 657-6831
Added: Jul 22
Changed: Jul 29
Last Checked: Jul 31 at 6:06PM
MLS# 781290
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 three-unit residential income property includes one spacious 3-bedroom unit and two 2-bedroom units. Each unit has its own separate utilities and gas-efficient heat. Washer and dryer hookups are provided for each unit.
The property has seen recent updates, including a partial newer roof, updated flooring, and modern fixtures throughout. It sits on a large lot, offering a practical single-owner rental setup with three distinct residential units.
The building’s configuration supports owner-occupancy or multi-tenant leasing, with one unit and two additional units generating rental income. Zoning is listed as residential.
The property has seen recent updates, including a partial newer roof, updated flooring, and modern fixtures throughout. It sits on a large lot, offering a practical single-owner rental setup with three distinct residential units.
The building’s configuration supports owner-occupancy or multi-tenant leasing, with one unit and two additional units generating rental income. Zoning is listed as residential.
Key Highlights
- Three‑unit investment property: one 3‑bedroom unit and two 2‑bedroom units
- Each unit has separate utilities and its own washer and dryer hookup connections
- Gas‑efficient heat with electric and natural gas heating options; ceiling fan cooling
Financial Insights For Multifamily LT 5
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 | $50.3k | $16.20 |
| − Vacancy | −$3.8k | −$1.22 |
| EGI | $46.5k | $14.99 |
| − OpEx | −$14.0k | −$4.50 |
| NOI | $32.6k | $10.49 |
3,104 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$465.1K
$407.0K – $542.7K
NOI $32,559 @ 7.0% cap · market cap 9.05%
Second Best
Apartment 5plus
$409.1K
$358.0K – $477.3K
NOI $28,640 @ 7.0% cap · market cap 7.96%
Theoretical Best
Specialty Retail
$609.8K
$533.6K – $711.4K
NOI $42,686 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Explore this area
Business Placement
Demographics for 18235, PA
19,139
Population
8,796
Households
2.2
Avg Household Size
47
Median Age
19%
College-Educated
89%
High-School Grad
86.9 sq mi
ZIP Area
220
Density / Sq Mi
$72,626
Median Household Income
$44,418
Median Earnings
$1,003
Median Rent
$218,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit income property with separate utilities, gas-efficient heat, and in-unit washer and dryer hookups.
Where is this triplex located?
The property is located at 358 Bridge Street Lehighton, PA.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Three‑unit investment property: one 3‑bedroom unit and two 2‑bedroom units; Each unit has separate utilities and its own washer and dryer hookup connections; Gas‑efficient heat with electric and natural gas heating options; ceiling fan cooling
