580 Coal Street
Lehighton Boro, PA, 18235 $ 1,490,000
Bedrooms-- Baths0.0 Sq 11,700 Monthly Estimate*
$ 10,291
Multi-Family Home for sale in Lehighton Boro, PA
for $1,490,000. This 11,700 square foot home was built in 1945 on a lot size of 1.16.
Incredible investment to acquire a premier commercial property located in one of the community's finest, most prestigious buildings. Commandingly situated on a highly visible corner lot, this property offers exceptional accessibility with an abundance of both off-street and dedicated on-street parking. Spanning a total of 11,700 square feet of fully leased space, the property features a stable, diversified income stream from two established tenants occupying 7,900 square feet and 3,800 square feet respectively. Interestingly this tenant utilizing 7,900 sq ft space has been a tenant for 22 years. Generating a robust gross rental income of $141,600 per year, this low-maintenance asset represents a turn key addition to any portfolio. Operating expenses include taxes, insurance, maintenance, and utility costs are only $18,784, providing immediate cash flow of $122,816.00 per year. Unmatched location, superior asset quality, and immediate cash flow make this a rare find. Schedule your private tour today.
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FeaturesGeneralSewer Public Sewer
Heating Gas
Cooling Central Air
Utilities Cable Available
Zoning Comm
Construction Materials Stucco
Year Built 1945
Stories Count 1
Property Subtype Commercial
Gross Income 141600
County Carbon
Net Operating Income 122816
Operating Expense 18784
Insurance Expense 4218
Property Type Residential Income
MaintenanceExpense 750
Subdivision Name Not in Development
Status Active
Directions Rt 209/N 1st St Lehighton Right on Caol Street go 6 blocks to 6th & Coal St. Property on Right corner.
City Lehighton Boro
Senior Community Y/N false
High School District Lehighton
Number Of Units Total 2
MLS Area Lehighton
Lot Size Units Square Feet
Lot Size Square Feet 50529
Year Built Details Unknown
Tax Annual Amount 11417.65
Electric Expense 0
Fuel Expense 0
Property Condition Unknown
Water Sewer Expense 1200
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Lehighton
Elementary School District Lehighton
Tax Assessed Value 136861
Property Sub Type Additional Commercial
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InteriorTotal Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorWater Source Public
Total Parking 30
Lot Size Area 50529
Lot Dimensions 264 x 189.9
Lot Size Acres 1.16
Lot Size Source Public Records
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* Excluded FeaturesList ByGail A. ChristmanListing Agent
Gene Durigan Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $10,291
- Monthly Property Taxes
- $951
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
266626 Elementary School
266680 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/21/2026 | $1,490,000 | -3.87% | Price Down |
| 9/14/2026 | $1,550,000 | | Listed Price |