662 Main Street, Slatington, PA 18080
MULTI_FAMILY - Slatington Boro, PA
- Added:
- May 5, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 21 at 12:06 am
Property Features for 662 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- TC
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 4, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Parking
- 4
- Parking features
- Off Street, On Street
- Standard status
- Active
- APN
- 556203543664 1
- Size
- 5,614 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7209
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 4
- Building materials
- Brick
Listing agent Bob Susko Jr. (610) 770-9000 x124
Listing office RE/MAX Real Estate 3120 Hamilton Boulevard, Allentown, PA (610) 770-9000
Listing date May 5, 2026
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.
HighLights
- 4‑unit building with gross annual income of $78,600 and net income of $63,542 (9.77% cap rate).
- First‑floor daycare tenant with over $70,000 in improvements invested into the tenant space.
- Extensively updated interior with modernized kitchens and bathrooms and LVP flooring throughout most of the building.
- Newer roof and brick construction.
- Year built: 1900.
- Utilities include public water and public sewer; parking includes off‑street and on‑street spaces.
Overview
Local 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 | $57.9k | $10.32 |
| − Vacancy | −$4.3k | −$0.76 |
| EGI | $53.6k | $9.56 |
| − OpEx | −$16.1k | −$2.87 |
| NOI | $37.6k | $6.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Slatington
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.613002
- Latitude
- 40.7506
