Address
315 2nd Street, Catasauqua Boro, PA
Price
$ 389,900
Property Attributes
- MLS#785073
- TypeMulti-Family
- Listing Status Active
- CountyLehigh
- CityCatasauqua Boro
- AreaCatasauqua
- NeighborhoodNot in Development
- Zip18032
- Style
- Year Built1880
- Taxes$ 7143
- Price$ 389,900
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3058
- Lot Size0.097 Acres
Data Source:
Greater Lehigh Valley MLS (GLVMLS)
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.
| Price History | |
|---|---|
| 9/23/2026 | Listed $389,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Oil |
| Cooling | Wall/Window Unit(s) |
| Zoning | R3 |
| Construction Materials | Frame,Vinyl Siding |
| Year Built | 1880 |
| Levels | Two and One Half |
| Property Subtype | Apartment |
| Gross Income | 31800 |
| County | Lehigh |
| Net Operating Income | 17705 |
| Property Type | Residential Income |
| Subdivision Name | Not in Development |
| Full Baths | 3 |
| Status | Active |
| Directions | Driving Directions from US-22: US-22 at Fullerton Avenue. Head north on Fullerton Avenue toward Catasauqua. Turn right onto Pine Street. Turn right onto 2nd Street. Proceed to 315 2nd Street |
| ModificationTimestamp | 2026-09-28T05:10:35.777-00:00 |
| City | Catasauqua Boro |
| Senior Community Y/N | false |
| High School District | Catasauqua |
| Number Of Units Total | 3 |
| MLS Area | Catasauqua |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4227 |
| Property Attached Y/N | false |
| Tax Annual Amount | 7143.19 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | Catasauqua |
| Elementary School District | Catasauqua |
| Tax Assessed Value | 170600 |
| Property Sub Type Additional | Apartment,Detached |
| PostalCity | Catasauqua Borough |
Interior Features
| Total Stories | 2 |
|---|---|
| Heating Y/N | true |
| Total Bedrooms | 6 |
| LivingAreaSource | Assessor |
| Total Baths | 3 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 2 |
| Lot Size Area | 4227 |
| Lot Size Acres | 0.097 |
| Lot Size Source | Public Records |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 18032
Price
Taxes
Year Built
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