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725 Front St Catasauqua, PA 18032

For Sale
$925,000

Six-unit building, high rental demand.

Property size:
2,897 SF

Description

Added:
Feb 3, 2025
Days on Market:
306
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 Features for 725 Front St

General Information

Property type
Residential income properties
Square Feet
2,897 SF
Lot Size
5,663 SF

Building Details

Year Built
1850

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Catasauqua
County
Lehigh
State
Pennsylvania
Longitude
-75.47719
Latitude
40.65537

FAQs

What type of property is this?
Residential income property - Six-unit building, high rental demand.
Where is this residential income 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.
More about this property
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