Property profile

308 Walnut St Catasauqua, PA 18032

OFF-MARKET
Residential income homes
Property ID
US73-0797025
2,218 SF 0.21 ac lot Built 1880
Individually Owned Free & Clear
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Property summary

AI-generated overview

Located in Catasauqua Boro on a 0.215-acre lot, this two-unit residential property includes a rear unit and a front unit. The rear unit features a large eat-in kitchen equipped with a refrigerator, dishwasher, and garbage disposal, with access to a large basement that has a walk-out. It provides 3 bedrooms, 1.5 baths, and laundry facilities, and includes a one-car garage that can be associated with the unit or used separately. Alley access supports off-street parking. The front unit includes an apartment-sized kitchen, living room, dining room, and a front porch; the second floor has a full bath and one bedroom. On-street parking is available for the front unit. The property has separate electric meters for the units, while heat is shared, and it features gas heat, electric hot water, and gas stoves in both kitchens. Laundry equipment and a refrigerator are included, and the layout allows for potential shared use of the laundry area off the side porch and the half bath.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1880
Construction FRAME
Total area 2,218 SF
Lot 0.21 ac (9,344 SF)
Zoning code R2
APN 549990736565-1
UPID US73-0797025

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

308 Walnut St Catasauqua, PA 18032-2327
Catasauqua metro Census 5901 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

Zoning & alternative use

R2 · Catasauqua, PA
Zoning description

R-2 Medium Density Residential District: To provide for medium density residential neighborhoods; to protect these areas from incompatible uses; to encourage "one home on one lot" (which may be attached to another home)…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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