315 2nd St, Catasauqua, PA 18032

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List Price
$389,900
Status
ACTIVE
MLS#
PALH2016968
Living Area
3,058
Lot Size (Acres)
0.1
Style
Traditional
Year Built
1880
County
Lehigh
School District
Catasauqua Area

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

Area
Catasauqua Boro (12304)
Subdivision
Catasauqua
School District
Catasauqua Area
Heating
Electric Baseboard, Radiant
Cooling
None
Roof
Asphalt
Water
Public
Sewer
Public Sewer
Basement
Unfinished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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