315 2nd St, Catasauqua, PA 18032

$389,900
6
BD
3
BA
3,058
SqFt

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List Price
$389,900
MLS#
785073
Status
COMING SOON
City
Catasauqua
Area
Catasauqua
County
Lehigh
Neighborhood
Not In Development
Bedrooms
6
Bathrooms
3
Living Area
3,058
Lot Size
4,227
Year Built
1880

Property Description

Fantastic value-add investment opportunity in Catasauqua! Well-maintained 3-unit property featuring a desirable unit mix: one 1-bedroom, one 2-bedroom, and one 3-bedroom unit. Rents are currently below market rate with all tenants on month-to-month leases, offering immediate upside potential for an investor. Separate utilities paid by tenants. Key capital improvements include brand-new vinyl siding, a newer roof, and updated water heaters. Additional value-add potential exists in expanding into the 3rd-floor attic space to add another room to the 3-bedroom unit. Great location close to local amenities in the Catasauqua Area School District.

Additional Information

Acres
0.10
Cooling
Window/Wall
Living Area
3,058
Lot Size
4,227
Parking Spaces
2
Region
Catasauqua
School District
Catasauqua
Sewer
Public Sewer
Taxes
$7,143
Zoning
R3

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Calculator source: Real Geeks

Listing courtesy of Iron Valley R E of Berks.

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