$807,500
$894,999
9.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6 Baths
4,200 SqFt
SOLD DATE : 05/30/2025
Key Details
Sold Price $807,500
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $192
Subdivision Not In Development
MLS Listing ID 751089
Sold Date 05/30/25
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1850
Annual Tax Amount $7,085
Lot Size 5,488 Sqft
Acres 0.126
Property Sub-Type Apartment
Property Description
OWN HALF THE CITY BLOCK. New paint job on the entire outside of the building! This is a recession-proof asset generating $98,400 Gross Income, and $82,065 Net Income, with limited expenses and some of the units have been completely renovated from top to bottom with NEW Hardwood Flooring, Fresh Paint throughout, New Kitchens with Newer Appliances, New Bathrooms, vanities, etc., and this property has beautiful curb appeal and takes up half the city block. Ownership has limited expenses because tenants pay for their electricity and heat. All units have plenty of sunlight and space to raise or keep a family. The area is very safe and has a strong upside with so many new jobs and its close proximity to major employers and warehouse development. *One of the owners is a licensed real estate agent.
Location
State PA
County Lehigh
Area Catasauqua
Direction Take Race street from either direction to front street. turn onto front and go to 725 front, parking in the front and also more on the side
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Detached, Garage
Water Access Desc Public
Total Parking Spaces 8
Garage Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two and One Half
Schools
School District Catasauqua
Others
Senior Community No
Tax ID 549899076889001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Keller Williams Northampton
"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