Schedule a Showing
Share
Print
|
We are pleased to present an investment property in Catasauqua Pennsylvania that is now on the market. $96000 gross income with a net income of $66,341. 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
Property Type(s):
Commercial
| Last Updated | 3/28/2025 | Year Built | 1850 |
|---|---|---|---|
| Community | Catasauqua Boro (12304) | County | LEHIGH |
SCHOOLS
| School District | CATASAUQUA AREA |
|---|
Price History
| Prior to Mar 28, '25 | $925,000 |
|---|---|
| Mar 28, '25 - Today | $895,000 |
Additional Details
| AIR | Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Catasauqua Boro (12304) |
| CONSTRUCTION | Aluminum Siding, Vinyl Siding |
| HEAT | Baseboard, Electric |
| LOT | 5663 sq ft |
| LOT DIMENSIONS | 29.01 x 186.27 |
| PARKING | On Street, Parking Lot |
| SEWER | Septic Tank |
| TAXES | 6936 |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
| ZONING | residential |
Location
Listing provided by eXp Commercial
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/4/25 11:02 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email