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$ 500,000
Est. payment | /mo
7 Beds
3,500 SqFt
$ 500,000
Est. payment | /mo
7 Beds
3,500 SqFt
Key Details
Property Type Commercial
Sub Type Converted,Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $142
Subdivision Not In Development
MLS Listing ID 747363
Bedrooms 7
Year Built 1870
Annual Tax Amount $8,321
Lot Size 4,530 Sqft
Property Description
Welcome to an exceptional investment opportunity in the Borough of Catasauqua! This stately multi-unit property offers a mix of rooming units with shared baths and standard units, along with three additional garage rentals. Four of the units feature private kitchens and bathrooms. Some Ratio Utility Billing Systems (RUBS) have already been implemented, with significant potential to apply RUBS to the remaining units and utilities for additional revenue. A new roof, installed within the last two years, reduces major CapEx concerns. With gross rental income exceeding $65,000, this is an opportunity you don't want to miss. Schedule your appointment today!
Location
State PA
County Lehigh
Area Catasauqua
Interior
Cooling No Air
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Catasauqua
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
Listed by CENTURY 21 Pinnacle
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
heather.m@morganelliproperties.com
1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA