7 Lehigh St Catasauqua, PA 18032
Estimated payment $7,387/month
Total Views
1,143,381
--
Bed
--
Bath
4,002
Sq Ft
$300
Price per Sq Ft
About This Home
Prime Investment Opportunity – Mixed-Use Property Key Features at a Glance: 2 Commercial Units: Reliable revenue-generating spaces for business use. 2 Residential Units: Newly updated and currently well below market value, ensuring great rental appeal. 1 Unfinished Residential Unit: A chance to add value and boost returns. Location Highlights: Situated in a centrally located borough with ongoing and upcoming improvements, this property will continue to appreciate in both value and appeal. The strategic location enhances tenant demand for both residential and commercial units. Who Should Invest? This is the ideal property for seasoned investors looking to expand their portfolio or first-time investors seeking a secure, income-generating asset. With updated residential units and a value-add opportunity, the property offers immediate and long-term growth potential. With a mix of stable rental income and value-add possibilities, this property is poised to deliver a strong ROI. Don't miss this chance to secure a dynamic asset in a high-growth area. Contact us today and discover how this property can work for you!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,124
Year Built
- Built in 1830
Lot Details
- 0.42 Acre Lot
Parking
- 25 Parking Spaces
Home Design
- Mixed Use
- Stone
Interior Spaces
- 4,002 Sq Ft Home
- 2.5-Story Property
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 640817621371001
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $8,000
- Trash Expense $240
- Water Sewer Expense $1,400
- Operating Expense $18,763
- Gross Income $118,800
- Net Operating Income $100,036
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,124 | $225,200 | $54,500 | $170,700 |
| 2024 | $8,915 | $225,200 | $54,500 | $170,700 |
| 2023 | $8,930 | $225,200 | $54,500 | $170,700 |
| 2022 | $6,982 | $225,200 | $170,700 | $54,500 |
| 2021 | $6,982 | $225,200 | $54,500 | $170,700 |
| 2020 | $6,732 | $225,200 | $54,500 | $170,700 |
| 2019 | $6,884 | $239,800 | $69,100 | $170,700 |
| 2018 | $6,508 | $239,800 | $69,100 | $170,700 |
| 2017 | $6,333 | $239,800 | $69,100 | $170,700 |
| 2016 | -- | $239,800 | $69,100 | $170,700 |
| 2015 | -- | $239,800 | $69,100 | $170,700 |
| 2014 | -- | $239,800 | $69,100 | $170,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2025 02/02/25 | For Sale | $1,200,000 | 0.0% | $300 / Sq Ft |
| 12/06/2013 12/06/13 | Rented | $850 | 0.0% | -- |
| 12/06/2013 12/06/13 | Under Contract | -- | -- | -- |
| 10/25/2013 10/25/13 | For Rent | $850 | -- | -- |
Source: Greater Lehigh Valley REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | $196,000 | None Available | |
| Deed | $265,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $109,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $238,500 | Commercial |
Source: Public Records
About the Listing Agent
Working with Weichert Realtors since 2014.
Mike's Other Listings
-
$549,000 Open Sun 1PM - 3PM
- 3 Beds
- 2.5 Baths
- 2,149 Sq Ft
- 162 Polkville Rd
- Columbia, NJ
Welcome Home to Country Serenity Nestled on a peaceful country road, this stunning 3-bedroom, 2.5-bathroom home offers the perfect blend of tranquility and convenience. Surrounded by rolling farmland and the beauty of nature, it provides a serene retreat that's just minutes from Pennsylvania and all major highways ideal for both work commutes and leisurely exploration. Step inside to be greeted
Mike Dorney WEICHERT REALTORS
Source: Greater Lehigh Valley REALTORS®
MLS Number: 751894
APN: 640817621371-1
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