Property Description

Fully occupied two-unit investment property generating $30,063 in gross income and $26,043 in net income. The asset consists of one 2-bedroom unit and one 3-bedroom unit, offering a strong and functional unit mix supported by consistent rental demand in the Lehigh Valley. Both apartments are nicely sized, providing comfortable living space that supports tenant retention. The second-floor unit spans two levels, creating a townhouse-style layout that enhances appeal, while the top apartment includes an in-unit washer and dryer, adding convenience and rental strength. Tenants are responsible for electric, heat, and water, with all utilities separately metered. Landlord responsibilities are limited strictly to taxes and insurance, resulting in a minimal-expense structure and highly efficient operations. Additional value is supported by two off-street parking spaces, a desirable feature in this location. Situated in a core Lehigh Valley location, the property benefits from strong tenant demand, proximity to employment centers, and long-term rental stability. With durable in-place income, low operating expenses, and a highly efficient utility structure, this asset is well suited for investors seeking predictable cash flow and stable performance in a prime rental corridor.

Property Features

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