315 2nd Street
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.
Broker Details
Iron Valley Real Estate of Berks (484) 450-8771
MLS ID: poschcj2 State License Number: RS381247
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $389,900 |
| No. of Units: | 3 |
| Year Built: | 1880 |
| Lot Size: | 3,058.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $129,967 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 3 |
ID: 3yd-LVARPA-785073
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