Most profitable category of Real Estate. High Yield, Turn Key Income Property. 19 Units. Comprosed of 17 Rooms, 1 Full Apartment, Large Storage Space & Office. $150,000 NET INCOME. Thoughtfully renovated & upgraded by a multi site operator. Occupancy is 100% as demand constantly eclipses supply in this housing market segment. Operations are streamlined. No evictions required, no pay, no stay. Very low maintenance w/ampl e parking, attractive foliage, security cameras & a private office w/storage. Extended stay properties focusing on the economy sector, provide much needed and in demand housing for an ever-growing market segment priced out of other housing options. Low Operating Costs, High Demand. Shared facilities, minimal systems to maintain, with very high revenue per sq. ft. makes this business a profit machine. Ideal for either a hands-on owner operator looking for operating profits high enough to become a full time investor, or passive operator seeking superior returns
Sold for $1,300,000 on 12/20/23
$1,300,000
1051 Howertown Rd, Catasauqua, PA 18032
18beds
6,549sqft
Multi Family, Single Family Residence
Built in 1940
-- sqft lot
$-- Zestimate®
$199/sqft
$3,202 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 29, 2023 at 02:57am
Listed by:
Gary Elbert,
Bellman & Radcliff,
Evelyn Martinez 484-951-5846,
Bellman & Radcliff
Bought with:
Sue Lindtner, RS212858L
RE/MAX Real Estate
Source: GLVR,MLS#: 719844
Originating MLS: Lehigh Valley MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Electric
Cooling
- None
Features
- Furnished
- Furnished: Yes
Interior area
- Total interior livable area: 6,549 sqft
Property
Parking
- Total spaces: 20
- Parking features: Paved, Parking Lot
Features
- Stories: 3
Lot
- Size: 10,454 sqft
Details
- Parcel number: M4SE4B 16 1 0923
- Zoning: R1-SINGLE-FAMILY RESIDENT
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Frame
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Catasauqua
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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