For Sale
$925,000

725 Front St Catasauqua, PA 18032

Six-unit building, high rental demand.

Overview

Added:
Feb 3
Days on market:
80
This exceptional investment opportunity presents a six-unit multi-family property situated at 725 Front Street, Catasauqua, Pennsylvania. Boasting a total of 2,897 square feet on a 0.13-acre lot, this property generates a substantial gross annual income of $96,000, resulting in a net income of $66,341. The building comprises two two-bedroom apartments and four one-bedroom apartments. Tenants are responsible for their own electricity and heating costs, minimizing operational expenses for the owner. A large on-site garage adds further value and utility. Conveniently located near Route 22 and just five minutes from downtown Allentown, the property benefits from easy access to public transportation and enjoys high demand for rental units. Currently, two units are undergoing renovations, yet a waiting list of prospective tenants underscores the strong rental market. The property's strategic location and solid financial performance make it an attractive investment prospect. Note that the two parcels comprising this property could be sold separately. This is a prime opportunity to acquire a profitable rental property in a desirable location.

Property Details for 725 Front St

Property type
Multifamily properties
Square Feet
2,897 SF
Year Built
1850
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Catasauqua
County
Lehigh
State
Pennsylvania
Latitude
40.65537
Longitude
-75.47719

FAQs

What type of property is this?
Multifamily property - Six-unit building, high rental demand.
Where is the multifamily property located?
The property is located at 725 Front St Catasauqua, PA.
What is the asking price?
The asking price for this property is $925,000.
How can I contact the broker?
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725 Front St
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