1205 Catasauqua, Whitehall Township, PA 18052

$199,900
2
BD
2
BA
1,216
SqFt
List Price
$199,900
MLS#
683662
Status
AVAILABLE
Type
Multifamily
City
Whitehall Township
Area
Whitehall
County
Lehigh
Bedrooms
2
Bathrooms
2
Living Area
1,216
Lot Size
2,500
Year Built
1890

Property Description

Calling all investors! This well maintained, fully occupied, Whitehall Twp 2-unit is ready to be scooped up by its new owner. Whether you're looking to purchase your first investment property or add to your existing portfolio this is the one for you. Solid cash-flowing investment at an 8.7% CAP at current list price with room to quickly turn this into a 10%+ CAP. Both units feature 1 bedroom, 1 bathroom, modern kitchen and living area. Upstairs unit has an unfinished attic space that could possibly be converted into a 2nd bedroom w/ township approval. There is also a detached garage that the downstairs tenant currently rents. Landlord currently pays W/S/T. This property is being sold AS IS and has been owned for over 25 years by two general contractors that have consistently maintained the property and kept it in great shape. Roof is only 6 years old. Nothing to do but purchase and start collecting rents. Act quickly on this one as it will be gone soon, so schedule your showing ASAP!

Additional Information

Acres
0.057
Construction
Aluminum
Cooling
Ceiling Fan, Window AC
Living Area
1,216
Lot Size
2,500
Net Income
17369
Operating Expense
4231
Other Expenses
54
Parking
Garage
Parking Spaces
2
Region
Whitehall
School District
Whitehall-Coplay
Sewer
Public
Stories
2
Taxes
$2,297
Water Sewer
600
Zoning
R-5A-HIGH DENSITY RESIDENTIAL

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of IronValley RE of Lehigh Valley.

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