26 E Ludlow Street E, Summit Hill, PA 18250
Local realty services provided by:ERA One Source Realty
26 E Ludlow Street E,Summit Hill Boro, PA 18250
$542,000
- - Beds
- 5 Baths
- 3,200 sq. ft.
- Multi-family
- Active
Listed by: james j. reardon
Office: steel city realty
MLS#:785099
Source:PA_LVAR
Price summary
- Price:$542,000
- Price per sq. ft.:$169.38
About this home
Approximately $73,000 in potential annual gross income, $53,000 in projected net operating income, and a projected 10.2% cap rate!
Newly renovated five-unit investment opportunity in Summit Hill! Located at 26–32 E. Ludlow Street, this mixed-use property features two 2-bedroom apartments, two 1-bedroom apartments, and a large commercial space with potential for conversion to a 2-bedroom apartment, subject to municipal approvals. An off-street parking lot and detached garage add convenience and additional income potential.
Enjoy proximity to the mountains, outdoor recreation, and attractions of nearby Jim Thorpe and the Poconos, including hiking, biking, skiing, and entertainment. The location also offers access to employment opportunities throughout the Lehigh Valley, including the region’s many warehouses, distribution centers, and other major employers—adding appeal for prospective tenants seeking access to both work and recreation.
Currently vacant following renovations, the property is actively being marketed for rent. Projected monthly rents of $1,100, $1,100, $1,300, $1,300, and $1,200 total $5,800, with an additional $200 per month possible from the garage. Total projected gross rental income at full occupancy is $6,100 per month, or $73,200 annually, including the garage....
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Home facts
- Year built:1910
- Subdivision & Development:Other
- Listing ID #:785099
- Added:1 day(s) ago
- Updated:October 28, 2026 at 10:42 PM
Rooms and interior
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,200 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Oil
Structure and exterior
- Year built:1910
- Building area:3,200 sq. ft.
- Lot area:0.19 Acres
- Construction Materials:Aluminum Siding, Brick Veneer, Frame, Vinyl Siding
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$542,000
- Price per sq. ft.:$169.38
Parking
- Total parking spaces:8
- Parking description:Garage, Parking Lot
- Garage:Yes
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