We are pleased to present have an investment property in Catasauqua Pennsylvania that is now on the market. $96000 gross income with a net income of $66,341. It is in a great location that makes it very desirable for renters. The property consists of six residential units, two of which are two-bedroom apartments and the other four of which are one-bedroom units. The tenants pay their own electricity and heat, and the property also includes a large garage. The location is close to Route 22 and is just five minutes north of downtown Allentown. It is convenient to public transportation, and there is a lot of demand for rentals in the area. Currently, there are two units under renovation, but there is a waiting list of prospective tenants. The two parcels could be sold separately. In addition, there are 24 available units throughout the Lehigh Valley. So if you're looking to increase your portfolio in a prime rental area, give me a call, and let's see how we can work together. This is a great investment opportunity. One of the owners is a licensed real estate agent
Now selling the building with the business. Seller will reopen the business. Both apartments can get $1850 a month rent. Apartments have private entranceways and are on 2 floors . The one that needed to be renovated will be 3 bedrooms One needs to be renovated, the other needs cosmetic upgrades. Get approval for more units and demo the restaurant. There is a 2 car garage you can rent for $400! After getting renovated you can refi as the building would be worth $700K! Refi and keep it! Seller is open to seller finance! Creative financing! This price gets the buyer the business and the building
Commercial storefront, previous grocery store and separate restaurant on first level. 2 floor: 6 units on top with a possible 7th. Got $3000 rent for the store, $1200 for the restaurant. Got $15,000 total rent average per month when occupied. Says could get $25000 when fixed up. Wants a loan to fix and re sell. Says it was appraised for 1.3 million. The grocery store is vacant and all fit out items removed. The restaurant is recently vacant. The building has a large basement that is not finished but has potential. The building also has a large 3rd floor that could be finished for multiple apartments. Has most of the fit out items remaining in the store. 6 apartments need cleaning and renovations. Income producing property $15,000 to $25,000 per month.
YOUR CHANCE TO GROW YOUR BUSINESS! Established business with loyal customers and beautiful surroundings. This garden shop has been serving the community for over 60 years and produces over thousands of types of plants. Perfect opportunity for someone passionate about gardening to take over and continue the legacy. The garden shop features a total of 15 greenhouse for an approximate total of over 22,474 sq.ft. of growing space! Spacious grounds, tremendous visibility! Location, potential, and possibility are all waiting for you and your business in the exciting property! Turn your passion into reality. Possibilities are endless.
Catasauqua is located in Pennsylvania. Catasauqua, Pennsylvania has a population of 6,498. Catasauqua is less family-centric than the surrounding county with 23.52% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Catasauqua, Pennsylvania is $66,045. The median household income for the surrounding county is $69,440 compared to the national median of $69,021. The median age of people living in Catasauqua is 39.2 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 46.4 inches per year, with 29.4 inches of snow per year.
