1051 Howertown Road
North Catasauqua Bor, PA 18032
- 18 beds
- 5 baths
- 6,549 sqft
- 10,440 sqft lot
- $198 per sqft
- 1940 build
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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
Listing courtesy of GLVR / Bellman & Radcliff
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Last updated May 2, 2024
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MLS# 719844 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/20/23
Dec 20, 2023
|
Sold | GLVR | $1,300,000 | |
7/1/23
Jul 1, 2023
|
Listed / Active | GLVR | $1,300,000 |