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1021 5Th Street

North Catasauqua Bor, PA 18032
  • $360,000
  • STATUS: Available
  • ON SITE: 12 Days
  • MLS #: 712376
UPDATED: 69 min ago
$360,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,326
    SQFT
  • $83
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1899
County:

School Ratings & Info

School District:

Description

APPROVED 4 APARTMENT CONVERSION: Zoning Approval just granted to convert to 4 one bedroom residential units. Do your homework and see that new, quality One Bedroom area rentals command $1295 to $1400 and continues to increase. Big demand in that category. Fewer tenants, less wear and tear. The Housing shortage is getting worse and projected worse for the next decade. Projecting 3 units on the Main level and one on the Lower level, but you make final decisions (for exercise areas or shared common space, etc.. lots of room). 4400 Sq Ft., 28' High Ceilings, can add loftsor entire 2nd floor in the space). Lower level (w/ additional separate exterior entrance) is a large open space w/ 11' ceilings, Men's & Women's restrooms, stage w/lights & Rigging, large scale kitchen. Property is surrounded by 3 streets, parking area in rear yard. The building is situated among much greenery with open space on one side and shade trees in the rear. Will generate premium rental income/quality tenants.

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© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2023-03-30T16:13:00.393.
www.smartwayamerica.com/homes/137805183
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1021 5Th Street North Catasauqua Bor, PA 18032

  • Price: $360,000
  • Status: Available
  • On Site: 12 Days
  • Updated: 69 min ago
  • MLS #: 712376
0
Beds
0
Baths
0
½ Baths
0.21
Acres
4,326
SQFT
$83
$/SQFT
1899
Built
Neighborhood:
Not In Development
County:
Northampton
Area:
North Catasauqua
School District:
Catasauqua
Property Description
APPROVED 4 APARTMENT CONVERSION: Zoning Approval just granted to convert to 4 one bedroom residential units. Do your homework and see that new, quality One Bedroom area rentals command $1295 to $1400 and continues to increase. Big demand in that category. Fewer tenants, less wear and tear. The Housing shortage is getting worse and projected worse for the next decade. Projecting 3 units on the Main level and one on the Lower level, but you make final decisions (for exercise areas or shared common space, etc.. lots of room). 4400 Sq Ft., 28' High Ceilings, can add loftsor entire 2nd floor in the space). Lower level (w/ additional separate exterior entrance) is a large open space w/ 11' ceilings, Men's & Women's restrooms, stage w/lights & Rigging, large scale kitchen. Property is surrounded by 3 streets, parking area in rear yard. The building is situated among much greenery with open space on one side and shade trees in the rear. Will generate premium rental income/quality tenants.
Exterior Features

Construction Brick Parking Unpaved Lot Parking Spaces 12

Interior Features

Cooling Wall Ac Heat Type Gas

Property Features

Cross Street Address Chapel St Electric 600 Gas 0 Gross Income 66960 Heat 0 Net Income 55315 Operating Expense 9045 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Apartment StyleCommercialConverted Sewer Public Special Conditions Not Applicable Total Taxes 6404.57 Water Public Water Sewer 0 Zoning Code R2-Two-Family Residential

Listing provided courtesy of Bellman & Radcliff: .


© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2023-03-30T16:13:00.393.
 
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