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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 $66,341. 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
| DAYS ON MARKET | 5 | LAST UPDATED | 1/18/2025 |
|---|---|---|---|
| YEAR BUILT | 1850 | COMMUNITY | Catasauqua Boro (12304) |
| COUNTY | LEHIGH | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | CATASAUQUA AREA |
|---|
| 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 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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