29 2nd Street
$500,000
7
3,500
3,500
$143
Description
Welcome to an exceptional investment opportunity in the Borough of Catasauqua! This stately multi-unit property offers a mix of rooming units with shared baths and standard units, along with three additional garage rentals. Four of the units feature private kitchens and bathrooms. Some Ratio Utility Billing Systems (RUBS) have already been implemented, with significant potential to apply RUBS to the remaining units and utilities for additional revenue. A new roof, installed within the last two years,...Welcome to an exceptional investment opportunity in the Borough of Catasauqua! This stately multi-unit property offers a mix of rooming units with shared baths and standard units, along with three additional garage rentals. Four of the units feature private kitchens and bathrooms. Some Ratio Utility Billing Systems (RUBS) have already been implemented, with significant potential to apply RUBS to the remaining units and utilities for additional revenue. A new roof, installed within the last two years, reduces major CapEx concerns. With gross rental income exceeding $65,000, this is an opportunity you don’t want to miss. Schedule your appointment today!
- Listed by Frank J. Renaldi, Jr. • CENTURY 21 Pinnacle
Property Details for 29 2nd Street
Area
Catasauqua
Sub divisionNot in Development
LISTING UPDATED: 12/17/2024 12:43 PM
Property Details for 29 2nd Street
Status | Available |
---|---|
MLS # | 747363 |
Days on Market | 56 |
Taxes | $8,322 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Converted |
Year Built | 1870 |
Lot Size | 0.10 AC / 4,530 SF |
County | Lehigh County |
Building Information for 29 2nd Street
Stories3Residences7Year Built1870Building Size-Lot Size0.10 AC / 4,530 SF
Property Information for 29 2nd Street
Property History for 29 2nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 29 2nd Street
Taxable ValueLand$18,000Additions$187,400Total$205,400
Tax Record2024$8,131 ($678 / month)
Home Facts
Baths4Total Finished SqFt2,798 SqFtAbove Grade Finished SqFt2,798 SqFtStories3Lot Size4,532 SqFtStyleMulti-Family Res (5+ Units)Year Built1870ZoningR2CountyLEHIGHAPN640818703348-1
Schools near 29 2nd Street
This home is within Catasauqua Area School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 12 |
Rating | School | Distance |
---|---|---|
Francis H Sheckler El School PublicK to 4 | ||
Catasauqua Middle School Public5 to 8 | ||
Catasauqua Senior High School Public9 to 12 | ||
Bridgeway Academy PrivatePK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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