725 727 Front Street new Save Request In-Person Tour Request Virtual Tour
Catasauqua Borough,PA 18032
Key Details
Property Type Condo
Sub Type Apartment Style
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $220
Subdivision Not In Development
MLS Listing ID 751089
Bedrooms 8
Full Baths 6
Year Built 1850
Annual Tax Amount $7,085
Lot Size 5,510 Sqft
Property Description
We are pleased to present have an investment property in Catasauqua Pennsylvania that is now on the market. $96000 gross income with a net income of $66,347. It is in a great location that makes it very desirable for renters. The property consists of six residential units, two of which are two-bedroom apartments and the other four of which are one-bedroom units. The tenants pay their own electricity and heat, and the property also includes a large garage. The location is close to Route 22 and is just five minutes north of downtown Allentown. It is convenient to public transportation, and there is a lot of demand for rentals in the area. Currently, there are two units under renovation, but there is a waiting list of prospective tenants. The two parcels could be sold separately.
In addition, there are 24 available units throughout the Lehigh Valley. So if you're looking to increase your portfolio in a prime rental area, give me a call, and let's see how we can work together. This is a great investment opportunity. One of the owners is a licensed real estate agent
Location
State PA
County Lehigh
Area Catasauqua
Interior
Cooling Window ACs
Exterior
Garage Spaces 8.0
Building
Story 2.5
Sewer Public
Water Public
New Construction No
Schools
School District Catasauqua
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable