Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1850
Sq.Footage
N/A
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
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Heating YN
YES
-
Heating
Electric, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding, Aluminum Siding
-
Parking
On Street, Parking Lot
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Size(acres)
0.13
-
Property Type
Commercial Sale
Price
-
Sales Price
$895,000
-
Tax Amount
6936.0
-
Zoning
residential
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Septic Tank
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Location
County
LEHIGH
Elementary School
Middle School
High School
Listing Courtesy of james J Reardon , eXp Commercial
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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Related Properties
CATASAUQUA
120 ARCH STREET
None Beds
None Baths
7,702 Sq.Ft.
$750,000
MLS#: PANH2007558
