$472,500
$500,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
3,500 SqFt
SOLD DATE : 04/07/2025
Key Details
Sold Price $472,500
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $135
Subdivision Not In Development
MLS Listing ID 747363
Sold Date 04/07/25
Bedrooms 7
Construction Status Unknown
HOA Y/N No
Year Built 1870
Annual Tax Amount $8,321
Lot Size 4,530 Sqft
Acres 0.104
Property Sub-Type Detached
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
Direction Race st, turn onto Front. At stop make a R onto W. Union St. Continue and make R on 2nd.
Interior
Heating Baseboard, Electric
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Building
Story 3
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Catasauqua
Others
Senior Community No
Tax ID 640818703348 001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition None
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Bought with 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