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315 2nd St, Catasauqua, PA 18032

$389,900
: 3,058
SqFt

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List Price: $389,900
Days on Market: 0
Status: COMING SOON
MLS#: PALH2016968
Living Area: 3,058
Lot Size (Acres): 0.1
Style: Traditional
Year Built: 1880
County: Lehigh
School District: Catasauqua Area

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Property Description

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.

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Additional Information

Area: Catasauqua Boro (12304)
Subdivision: Catasauqua
Taxes: $7143.18
School District: Catasauqua Area
Heating: Baseboard - Electric, Radiant
Heating Fuel: Electric, Oil
Cooling: None
Roof: Asphalt
Water: Public
Sewer: Public Sewer
Basement: Yes