29 2Nd, Catasauqua, PA 18032

$678,000
3,454
SqFt
List Price
$678,000
Price Change
▼ $5,000 1716588914
MLS#
736560
Status
AVAILABLE
Type
Multifamily
Total Units
7
City
Catasauqua
Area
Catasauqua
County
Lehigh
Living Area
3,454
Lot Size
4,530
Year Built
1870

Property Description

Welcome to a prime investment opportunity in the Borough of Catasauqua. This large property is a mix of separate residential units and long-term efficiency rentals. 7-residential units in all with 3 separate garage rentals for additional income. 4 units have a private bathroom and kitchen space, while the 3 efficiency rentals share a common bathroom. Each unit has space for a fridge and kitchenette. Units and common areas are well-maintained making this a solid investment opportunity. Current leases specify landlord covered utilities and ratio-billing, or chargebacks offset owner expenses. New roof installed in 2022. Owner also selling MLS 736612. Seller Financing options available, please see Agent Remarks for details.

Additional Information

Acres
0.10
Construction
Stucco
Cooling
No Air
Garage
Detached
Living Area
3,454
Lot Size
4,530
Net Income
57000
Operating Expense
15000
Region
Catasauqua
School District
Catasauqua
Sewer
Public
Stories
2
Subdivision
Not In Development
Total Units
7
Water Sewer
4500
Zoning
R2-MEDIUM DENSITY RESIDENTIAL

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Steel City Realty. Contact:

The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2024 Greater Lehigh Valley REALTORS®.