141 2nd Street
Catasauqua Borough, PA 18032
- 8 beds
- 4 baths
- 4,102 sqft
- 4,265 sqft lot
- $170 per sqft
- 1860 build
TURN-KEY INVESTMENT OPPORTUNITY! Fully renovated inside & out, just hang your "For Rent" sign and go... FOUR large 2-bed, 1 bath units each with it's own private entrance and separate electric meters, PLUS a detached 2-car, 2-story garage for additional income! Each unit features brand new kitchens w/ new SS appliances, fully renovated interiors w/ new flooring, fixtures, interior doors, & freshly painted throughout. Building features a low-maintenance vinyl exterior, vinyl replacement windows throughout, updated electric services (5 meters), plus a full walk-up 3rd story for tenant storage, etc. This rent-ready income generating property will easily produce gross rents above $80,000/year with an NOI above $62,000. Whether you're a seasoned investor or new to the real estate scene you can't ignore a turn-key investment in this condition being offered at a 9% cap rate! Schedule today!
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Last updated Feb 4, 2025
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MLS# 751998 —
The Building
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Year Built:1860
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Year Built Exception:New Construction
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Construction:Vinyl
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Stories:2.5
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SqFt:4,102 Sqft
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SqFt Source:Tax Records
Location
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Area:Catasauqua
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Detached
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Zoning Code:R3
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Lot Size Source:Tax Records
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Lot SqFt:4265
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Acres:0.098
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$8,349.94
Beds
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Bedrooms:8
Baths
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Baths:4
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Full Baths:4
Heating & Cooling
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Heat:No
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Cooling:No Air
Utilities
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Water:Public
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Water/Sewer:1600
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Sewer:Public
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Gas:No
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Electric:1200
Schools
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School District:Catasauqua
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/4/25
Feb 4, 2025
|
Listed / Active | GLVR | $699,900 |
