Address: 143 2nd St #141, Catasauqua, PA 18032, USA
Created date: February 4, 2025
Date last updated: February 4, 2025
Property Description
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!