315 2nd St, Catasauqua, PA 18032

$389,900
3,058
SqFt

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List Price
$389,900
MLS#
PALH2016968
Status
COMING SOON
Type
Multifamily
Total Units
3
City
Catasauqua
Area
Catasauqua Boro (12304)
County
Lehigh
Living Area
3,058
Lot Size
4,356
Year Built
1880

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.

Additional Information

Acres
0.10
Basement
Yes
Cooling
None
Living Area
3,058
Lot Size
4,356
Region
Catasauqua Boro (12304)
School District
Catasauqua Area
Sewer
Public Sewer
Style
Traditional
Subdivision
Catasauqua
Total Units
3
Zoning
R3

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Calculator source: Real Geeks

Listing courtesy of Iron Valley Real Estate of Berks. Contact: 4844508771

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