4-Unit Apartment
For Sale
$389,999
Pending
4-835 N 1st St, Lehighton, PA 18235
Four residential units create a multi-unit rental configuration in Lehighton.
Property Size2,408 SF
Days on Market21
Property Features for 4-835 N 1st St
General Information
Standard status
Pending
Size
2,408 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,680
Building Details
Buildings
1
Listing Agency:
Gene Durigan Real Estate
(610) 377-4488
Listed By:
Nick Heist · License #RS283597
(484) 697-8123
Source:
Exprealty
Added: Oct 8
Changed: Oct 27
Last Checked: Oct 27 at 3:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gene Durigan Real Estate
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 four-unit apartment property is located at 4-835 N 1st St in Lehighton, Pennsylvania. The building offers a multi-unit residential configuration for rental use.
The property is described as a short drive from Jim Thorpe and near the Lehigh River, the D&L Trail, and Beltzville Lake State Park. Regional skiing and snowboarding destinations and major travel routes are also cited as nearby.
The property is described as a short drive from Jim Thorpe and near the Lehigh River, the D&L Trail, and Beltzville Lake State Park. Regional skiing and snowboarding destinations and major travel routes are also cited as nearby.
Key Highlights
- Four‑unit apartment building
- Located at 4‑835 N 1st St in Lehighton, Pennsylvania
- Near Jim Thorpe, the Lehigh River, the D&L Trail, and Beltzville Lake State Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,259
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,180
$505.2K
Cap Rate 7%
$360,843
$360.8K
Cap Rate 9%
$280,656
$280.7K
Market Conditions
NOI Build-Up for 2,408 SF
Gross rent
$39.0K $16.20/SF
− Vacancy
−$2.9K −$1.22/SF
EGI
$36.1K $14.99/SF
− OpEx
−$10.8K −$4.50/SF
NOI
$25.3K $10.49/SF
Area
Carbon County, PA
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$505,180
Cap Rate 7%
$360,843
Cap Rate 9%
$280,656
Alternative Uses
Best Use
Multifamily LT 5
$360.8K
$315.7K – $421.0K
NOI $25,259 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K
NOI $22,218 @ 7.0% cap · market cap 5.70%
Theoretical Best
Specialty Retail
$473.1K
$413.9K – $551.9K
NOI $33,115 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
546
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units create a multi-unit rental configuration in Lehighton.
Where is this quadplex located?
The property is located at 4-835 N 1st St Lehighton, PA.
What is the asking price?
The asking price for this property is $389,999.
What are key features of this property?
This property features: Four‑unit apartment building; Located at 4‑835 N 1st St in Lehighton, Pennsylvania; Near Jim Thorpe, the Lehigh River, the D&L Trail, and Beltzville Lake State Park
