$300,000
MLS# PM-136780
Status: Closed
2720 sqft
1 / 48
Property Description
TURN-KEY 3-UNIT INVESTMENT PROPERTY in Palmerton Borough—Priced to Sell! Excellent opportunity for investors or owner-occupants seeking steady rental income. The property features two 1st-floor units: an efficiency currently rented for $450/month and a spacious 1-bedroom unit at $725/month. The 2nd floor and finished attic comprise a large 2-bedroom apartment renting for $950/month, offering great living space and views of the Lehigh Gap! Landlord presently pays all utilities. Heating is coal hot-water baseboard. Exterior highlights include a covered front porch, 3-car off-street parking pad plus an additional single parking space. The basement provides shared laundry and storage space for tenants. Flexible layout—could be converted back to a single-family residence with minimal effort. Convenient in-town location near shops, schools, parks, and major routes!
Details
Contract Information
Listing Service: Full Service
Property Sub Type: Triplex
Sold Price: $300,000
Current Price: $300,000
Status: Closed
Listing Contract Date: 2025-10-24
Location, Tax, and Legal
Parcel Number: 42A-48-Q14
Municipality: Palmerton Borough
County Tax Amount: 760
Municipal Tax Amount: 829.83
School Tax Amount: 3130.96
Tax Annual Amount: 4720.79
Tax Assessed Value: 47500
Tax Year: 2025
Tax Map Number: 42A-48-Q14
Tax Book Number: 449/667
Deed Recording Date: 1984-08-01
Zoning Description: Residential
General Property Information
Above Grade Finished Area: 2720
Below Grade Finished Area: 0
Building Area Source: Public Records
Stories: 2
Number Of Buildings: 1
Year Built Source: Public Records
Basement YN: No
Pool Private YN: No
Garage YN: No
Carport YN: No
Open Parking YN: Yes
Open Parking Spaces: 3
Lot Size Acres: 0.198
Water Body Access YN: No
Association YN: No
List Price/SqFt: 110.29
Sold Price/SqFt: 110.29
Building Area Total: 2720
Year Built: 1927
Currently Not Used
Number Of Units Total: 3
Remarks and Miscellaneous
Public Remarks: TURN-KEY 3-UNIT INVESTMENT PROPERTY in Palmerton Borough—Priced to Sell! Excellent opportunity for investors or owner-occupants seeking steady rental income. The property features two 1st-floor units: an efficiency currently rented for $450/month and a spacious 1-bedroom unit at $725/month. The 2nd floor and finished attic comprise a large 2-bedroom apartment renting for $950/month, offering great living space and views of the Lehigh Gap! Landlord presently pays all utilities. Heating is coal hot-water baseboard. Exterior highlights include a covered front porch, 3-car off-street parking pad plus an additional single parking space. The basement provides shared laundry and storage space for tenants. Flexible layout—could be converted back to a single-family residence with minimal effort. Convenient in-town location near shops, schools, parks, and major routes!
Unit Details
Efficiency: 1
1 Bedroom: 1
2 Bedroom: 1
Special Listing Conditions
Standard: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Current Use
Residential: 1
Unit 1
Unit #: 1
Occupied YN: Yes
SqFt Total: 533
Rooms Total: 3
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Unit 2
Unit #: 2
Occupied YN: Yes
SqFt Total: 789
Rooms Total: 4
Beds Total: 1
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Unit 3
Unit #: 3
Occupied YN: Yes
SqFt Total: 1222
Rooms Total: 5
Beds Total: 2
Baths Total: 1
Kitchen YN: Yes
Dining Room YN: No
Living Room YN: Yes
Laundry Features
In Basement: 1
Cooling
Ceiling Fan(s): 1
Heating
Hot Water: 1
Coal: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Parking Pad: 1
Off Street: 1
Road Frontage Type
City Street: 1
Alley: 1
Road Surface Type
Paved: 1
Asphalt: 1
Location Tax and Legal
County: Carbon
City (Post Office): Palmerton
State: PA
Postal Code: 18071
Subdivision Name: None
Status Change Information
Purchase Contract Date: 2025-11-24
Close Date: 2025-12-23
Close Price: 300000
Property Features
Special Listing Conditions: Standard
Listing Terms: Cash; Conventional
Possession: Negotiable
Current Use: Residential
Laundry Features: In Basement
Cooling: Ceiling Fan(s)
Heating: Hot Water; Coal
Water Source: Public
Sewer: Public Sewer
Parking Features: Parking Pad; Off Street
Road Frontage Type: City Street; Alley
Road Surface Type: Paved; Asphalt
Listing Office: Keller Williams Real Estate - Palmerton
Last Updated: May - 13 - 2026
Information deemed reliable but not guaranteed.