NOT LISTED FOR SALE

411 Front St Catasauqua, PA 18032

-- Bed
-- Bath
8,996 Sq Ft
7,405 Sq Ft Lot

Last Sold June 16, 2022

Last sale price $650,000 $72 Per Sq Ft

49 Days on Market

About This Home

As of June 2022

Fully occupied seven units for sale in Catasauqua, PA. The building consists of four (1) bedroom and two (2) Two-bedroom apartments. The building also has a ground-level commercial unit currently occupied by a laundromat. All the units, including the retail space, are separately metered. This building could be a value-add opportunity for the right investor.

Located across the street from the proposed development called Iron Work of Catasauqua, PA. Ten acres of the former industrial site will be redeveloped into a work-life center with residential, office, and retail.
The first phase of this project is already completed, which was an 11 million dollars municipal building housing its borough office, fire department, and police station, with more underway. Don’t miss out on this ground-level opportunity call today for more information.

Last Agent to Sell the Property

Ayon Codner

Keller Williams Allentown Listed on: 02/18/2022

Keller Williams Allentown

Last Buyer's Agent

Steve Gould

Better Homes&Gardens RE Valley

Better Homes&Gardens RE Valley

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,609

Year Built

  • Built in 1850

Lot Details

  • 7,405

Home Design

  • Commercial or Retail Space
  • Mixed Use
  • Brick Exterior Construction

Parking

  • 3 Parking Spaces
  • Paved Parking

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 640808091575 001

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $465
  • Insurance Expense $4,493
  • Maintenance Expense $6,000
  • Other Expense $300
  • Trash Expense $1,444
  • Water Sewer Expense $4,570
  • Operating Expense $27,881
  • Gross Income $70,980
  • Net Operating Income $39,550

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,609

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Investment Property
  • Property Sub Type: Investment Property
  • Property Sub Type Category: Apartment Style, Commercial, Mixed Use
  • County Assessment: 342200.00
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1850
  • Year Built Exception: Unknown
  • Special Features: None

Exterior Features

  • Construction: Brick

Garage/Parking

  • Parking: Paved Lot
  • Parking Spaces: 3

Utilities

  • Cooling: No Air
  • Heat Type: Electric
  • Sewer: Public
  • Water: Public
  • Electric: 465
  • Insurance: 4493
  • Trash Removal: 1444
  • Water Sewer: 4570

Condo/Co-op/Association

  • Maintenance Repair: 6000

Fee Information

  • Operating Expense: 27881

Schools

  • School District: Catasauqua

Lot Info

  • Zoning Code: Dc-Downtown Commercial

Rental Info

  • Other Expenses: 300

Tax Info

  • Assessor Parcel Number: 640808091575 001
  • County Taxes: 1293.52
  • Municipal Taxes: 2515.17
  • Total Taxes: 10609.23

Multi Family

  • School Taxes: 6800.54
  • Total Units: 7
  • Total Unit Count: 7

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $650,000 -15.0% $72 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $765,000 0.0% $85 / Sq Ft
02/18/2022 02/18/22 For Sale $765,000 -- $85 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 688354

Greater Lehigh Valley REALTORS®

APN: 640808091575-1