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.
Listing courtesy of Iron Valley R E of Berks.
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