662 Main St
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.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Lehigh Elementary School
S S Palmer Elementary School
Palmerton Area Junior High School
Palmerton Area High School
Parkside Education Center
Peters Elementary School
Northern Lehigh Senior High School
Northern Lehigh Middle School
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 07/29/2026 | Listed for sale | $619,900 |
Listed by Bob Susko Jr. · RE/MAX Real Estate · 6107709000
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Greater Lehigh Valley REALTORS. All rights reserved.
Last Updated: July 31, 2026 at 1:20 PM | Source: Greater Lehigh Valley REALTORS | MLS#: 781710
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