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Off market
  • $364,200

    501 Race St, Catasauqua, PA 18032

    2beds
    1baths
    1,100sqft
    Apartment
    Built in 1900
    -- sqft lot
    $364,200 Zestimate®
    $331/sqft
    $1,830 Estimated rent

    What's special

    When opportunity knocks, don't be out to lunch. Whether you're a 1st Time Buyer or a seasoned investor - this place rocks. Live in 1 unit for $465/mo. with as little as 3.5% ($10,500) total cash required. Gifts from family A-OK with our 4.5% 30-year fixed rate mortgage. Perfect way to build wealth/equity while enjoying peace of mind from owning a maintenace-free, completely re-built modern 3-unit building. Each apartment boasts central air, washer/dryer hook-ups, elegant kitchens/baths, vinyl windows and a bright neutral paint scheme. Investors earn a solid 12.7% cash-on-cash return with 25% down. Yes, you could pay less for a 3-unit building, but you won't find the ease of renting that comes from desirable, quality units with the return boosting separate utilities and new infrastructure. Saavy people don't wait for the ship to come in, they row out to meet it. Think about it ;)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Interior area
    • Total interior livable area: 1,100 sqft

    Property

    Lot
    • Size: 2,831 sqft

    Construction

    Type & style
    • Home type: Apartment
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Catasauqua
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $364,200
    2% more+ $7,284
    With Zillow Showcase(estimated)
    $371,484