662 Main St, Slatington, PA, 18080
About This Home
Turnkey 4-unit investment opportunity generating strong cash flow in a prime downtown location. This well-maintained property produces $78,600 in gross annual income with an impressive net income of $63,542, delivering a 9.77% cap rate. The building has been extensively updated, featuring a newer roof, modernized kitchens and bathrooms, and durable LVP flooring throughout most of the building. Over $70,000 in improvements have been invested into the thriving daycare tenant occupying the first floor, adding long-term stability to the income stream. Additional highlights include off-street parking, with ample free public parking nearby for tenants and visitors. Ideally situated within walking distance to restaurants, shops, and everyday conveniences, this property benefits from strong rental demand. Value-add potential remains with opportunities to introduce on-site laundry, create additional storage income, and possibly expand existing units to further increase returns. A solid, income-producing asset ready to enhance any investment portfolio.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Unknown
- Year built: 1900
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Mixed Use,Multi Family,Apartment
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 1
- Full bathrooms: 4
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: None
Interior Area
- Total interior livable area: 5,614 sqft
Property
Details
- Parcel number: 556203543664 1
- Zoning: TC
- Special condition: None
Features
- Stories: 3
Lot
- Lot size: 2,657 sqft
Parking
- Total spaces: 4
- Parking features: Off Street,On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,134 | $37,608 |
| Home Insurance * | $205 | $2,460 |
| Property Taxes | $733 | $8,796 |
| Electricity | $615 | $7,391 |
| Total | $4,687 | $56,244 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $650,000 |
| 2024-07-31 | Sold | $480,000 |
| 2024-06-13 | Pending sale | $499,000 |
| 2024-06-06 | Listed for sale | $499,000 |
| 2024-01-08 | Listing removed | -- |
| 2023-12-31 | Price change | $1,399 |
| 2023-12-08 | Listed for rent | $1,450 |
| 2023-10-16 | Sold | $266,000 |
| 2023-10-02 | Pending sale | $295,000 |
| 2023-09-17 | Listed for sale | $295,000 |
| 2014-09-25 | Sold | $137,000 |
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