$380,000
Pen Argyl, PA 18072
MLS# PM-144339
4100 sqft
1 / 24
Property Description
Welcome to 16-18 E Main Street! Investing in real estate does not have to begin with a complicated renovation or a long tenant search. This Pen Argyl duplex is already up and running, with both units rented and rental income in place from day one. Tenants pay all utilities, which helps keep ownership straightforward and monthly expenses easier to manage. Across the property, there are four bedrooms and two bathrooms, creating practical layouts with broad rental appeal. Both units also include fully finished walk-up attic space. That extra room gives residents welcome flexibility for storage, a home office, a hobby area, or the collection of boxes everyone swears they will sort someday. Low property taxes and an accessible entry point add to the appeal. For a first-time investor, this could be a comfortable way to enter the market with an established rental setup. For a seasoned investor, it offers the fundamentals that matter: occupied units, tenant-paid utilities, useful living space, and bonus attic areas in each residence. The central Pen Argyl location keeps residents near local shops, dining, services, and daily essentials. It is convenient for tenants and makes the property a sensible fit for a long-term portfolio. In other words, it offers fewer moving parts and more reasons to take a closer look. The groundwork is already done; now it is time to review the opportunity for yourself. Book a private tour and decide if this income-producing duplex belongs in your investment plans.
Details
Maps
Contract Information
Listing Service: Full Service
Subsurface Rights YN: No
Property Sub Type: Duplex
List Price: $380,000
Current Price: $380,000
Status: Active
Listing Contract Date: 2026-08-31
Location, Tax, and Legal
Parcel Number: 5665-04-8190-5824
Municipality: Pen Argyl Borough
County Tax Amount: 433.08
Municipal Tax Amount: 561.4
School Tax Amount: 2277.68
Tax Annual Amount: 3272.16
Tax Assessed Value: 40100
Tax Year: 2026
Tax Map Number: E8NE2D 61 8 0625
Tax Book Number: 2024-1
Tax Page Number: 50231
Deed Recording Date: 2024-03-27
Tax Legal Description: Block: 61 /Lot: 8 /School District: 02-Bethlehem Area /Fuel Type: Oil
Zoning Description: Residential
General Property Information
Above Grade Finished Area: 2050
Below Grade Finished Area: 0
Living Area: 2050
Living Area Source: Public Records
Building Area Source: Public Records
Stories: 3
Number Of Buildings: 1
Year Built Source: Public Records
Basement YN: Yes
Pool Private YN: No
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 4
Lot Size Acres: 0.186
Water Body Access YN: No
Association YN: No
List Price/SqFt: 92.68
Building Area Total: 4100
Year Built: 1870
Currently Not Used
Number Of Units Total: 2
Remarks and Miscellaneous
Public Remarks: Welcome to 16-18 E Main Street!
Investing in real estate does not have to begin with a complicated renovation or a long tenant search. This Pen Argyl duplex is already up and running, with both units rented and rental income in place from day one. Tenants pay all utilities, which helps keep ownership straightforward and monthly expenses easier to manage.
Across the property, there are four bedrooms and two bathrooms, creating practical layouts with broad rental appeal. Both units also include fully finished walk-up attic space. That extra room gives residents welcome flexibility for storage, a home office, a hobby area, or the collection of boxes everyone swears they will sort someday.
Low property taxes and an accessible entry point add to the appeal. For a first-time investor, this could be a comfortable way to enter the market with an established rental setup. For a seasoned investor, it offers the fundamentals that matter: occupied units, tenant-paid utilities, useful living space, and bonus attic areas in each residence.
The central Pen Argyl location keeps residents near local shops, dining, services, and daily essentials. It is convenient for tenants and makes the property a sensible fit for a long-term portfolio. In other words, it offers fewer moving parts and more reasons to take a closer look.
The groundwork is already done; now it is time to review the opportunity for yourself. Book a private tour and decide if this income-producing duplex belongs in your investment plans.
Inclusions: UNIT 18 appliances belong to the tenant
UNIT 16 Electric Range, Refrigerator, Water Heater
Exclusions: Appliances in UNIT 18
Special Listing Conditions
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
Existing Lease Type
Gross: 1
Owner Pays
Insurance: 1
Taxes: 1
Repairs: 1
Tenant Pays
All Utilities: 1
Disclosures
Certificate of Occupancy Required: 1
Income Includes
Rent Only: 1
Oil, Gas and Mineral Rights
Property Subject To Lease: No
Possession
Close Of Escrow: 1
Common Walls
1 Common Wall: 1
Current Use
Residential: 1
Investment: 1
Architectural Style
Traditional: 1
Property Condition
Updated/Remodeled: 1
Unit 1
Unit #: 16
Occupied YN: Yes
Lease Expiration Date: 2027-03-31
Actual Rent: 1500
Security Deposit $: 1500
SqFt Total: 1025
Rooms Total: 6
Beds Total: 2
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Unit Remarks: walkup attic finishe
Unit 2
Unit #: 18
Occupied YN: Yes
Lease Expiration Date: 2027-07-31
Actual Rent: 1500
Security Deposit $: 1500
SqFt Total: 1025
Rooms Total: 6
Beds Total: 2
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Unit Remarks: Walkup Attic finishe
Interior Features
Eat-in Kitchen: 1
Flooring
Carpet: 1
Linoleum: 1
Tile: 1
Vinyl: 1
Construction Materials
Vinyl Siding: 1
Basement
Full: 1
Unfinished: 1
Dirt Floor: 1
Stone Floor: 1
Foundation Details
Block: 1
Attic Features
Finished: 1
Walk Up: 1
Roof
Asphalt: 1
Fiberglass: 1
Electric
200+ Amp Service: 1
Cooling
Ceiling Fan(s): 1
Ductless: 1
Heating
Baseboard: 1
Forced Air: 1
Electric: 1
Oil: 1
Water Heater
Electric: 1
Appliances
Electric Range: 1
Refrigerator: 1
Water Heater: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Parking Pad: 1
On Site: 1
Off Street: 1
On Street: 1
Lot Features
Level: 1
Back Yard: 1
Front Yard: 1
Cleared: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
Public Maintained Road: 1
Location Tax and Legal
County: Northampton
Street Number: 16 - 18
Street Direction Prefix: E
Street Name: Main
Street Suffix: Street
City (Post Office): Pen Argyl
State: PA
Postal Code: 18072
Subdivision Name: None
Property Features
Special Listing Conditions: Standard
Listing Terms: Cash; Conventional
Existing Lease Type: Gross
Owner Pays: Insurance; Taxes; Repairs
Tenant Pays: All Utilities
Income Includes: Rent Only
Disclosures: Certificate of Occupancy Required
Possession: Close Of Escrow
Common Walls: 1 Common Wall
Current Use: Residential; Investment
Property Condition: Updated/Remodeled
Architectural Style: Traditional
Interior Features: Eat-in Kitchen
Flooring: Carpet; Linoleum; Tile; Vinyl
Construction Materials: Vinyl Siding
Basement: Full; Unfinished; Dirt Floor; Stone Floor
Foundation Details: Block
Attic Features: Finished; Walk Up
Roof: Asphalt; Fiberglass
Electric: 200+ Amp Service
Cooling: Ceiling Fan(s); Ductless
Heating: Baseboard; Forced Air; Electric; Oil
Appliances: Electric Range; Refrigerator; Water Heater
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Water Source: Public
Sewer: Public Sewer
Parking Features: Parking Pad; On Site; Off Street; On Street
Lot Features: Level; Back Yard; Front Yard; Cleared
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Listing Office: Realty Executives - Stroudsburg
Last Updated: August - 31 - 2026
Information deemed reliable but not guaranteed.