725 727 Front Street Catasauqua Borough, PA 18032
Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / eXp Realty LLC

  725 727 Front Street Catasauqua Borough, PA 18032

Active (20 Days)
$925,000
8
BED
6
BATH
4,200
SQFT

Description

We are pleased to present an investment property in Catasauqua Pennsylvania that is now on the market. $96000 gross income with a net income of $66,347. It is in a great location that makes it very desirable for renters. The property consists of six residential units, two of which are two-bedroom apartments and the other four of which are one-bedroom units. The tenants pay their own electricity and heat, and the property also includes a large garage. The location is close to Route 22 and is just five minutes north of downtown Allentown. It is convenient to public transportation, and there is a lot of demand for rentals in the area. Currently, there are two units under renovation, but there is a waiting list of prospective tenants. The two parcels could be sold separately.
In addition, there are 24 available units throughout the Lehigh Valley. So if you're looking to increase your portfolio in a prime rental area, give me a call, and let's see how we can work together. This is a great investment opportunity. One of the owners is a licensed real estate agent

MLS #:
751089
Lot Size
5,510 SQFT
Type
Multifamily
Year Built
1850
School District
Catasauqua
County
Lehigh County

Listed By

Joshua Schoenberger, eXp Realty LLC
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Feb 5 2025 at 3:05 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
Subdivision
  • Not In Development
Heating and Cooling
  • 0
  • Window Acs
Utility Information
  • Sewer: Public
Garage
  • Detached
Stories
  • 2.5
Living Area
  • 4,200 sqft
Location
   
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