$488,000
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129-131 Howertown Road Unit 131 Catasauqua, PA 18032 Municipality: Catasauqua Boro
General Commercial
Residence
Beds
Baths
6,140
Sq. Ft.
0.14
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Projected $7400 monthly rent Projected $88,800 yearly gross income Projected $63000 net income! projected 14% cap! Seller will lease back the restaurant for 1 year at $3500 a month. Both apartments can get $1850 a month rent. Apartments have private entranceways and are on 2 floors . The one that ne...eded to be renovated will be 3 bedrooms One needs to be renovated, the other needs cosmetic upgrades. The restaurant is awesome with hand made bar and enough room to fit 75 guests. You have a whole year to get a new tenant in there--or if you are a restauranter take the money from the rent and do the renovations needed. There is a 2 car garage you can rent for $400! After getting renovated you can refi as the building would be worth $800K! Refi and keep it!
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MLS#
PALH2009796
Property Type
General Commercial
Year Built
1870
Square Feet
6,140
sq. ft
Price per Sq. Ft.
$79.36
Lot Size
0.14
Sewer
Public Sewer
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