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120 ARCH STREET, CATASAUQUA, PA
Beautiful buillding built in 1900 as a tavern and a hotel, currently serving as a rooming house consisting of 12 rooms, 4 bathrooms, 3 kitchenettes. There is a 2 room storage area with a half bathroom, which if desired, might be converted to additional rental. Large basement. Gross income is $90,480, net income is $68,691. Cap rate is 9.20%. Upgrades include new windows, new kitchenetts, roof replaced in 2016 on part of the building, and 2024 roof on other part of the building, newish paint and floors throughout the building. Building is well maintained. Localed in desirable area, close to bus stops, shopping centers, it has all long term tenants carefully selected from multiple applications. Also for sale under: MLS # PANH2007558 (commerical listing)
Property Details
| Property Type | Residential Multi Family |
|---|---|
| Mls # | PANH2007612 |
| LotSize | 0.12 acres |
| Property Subtype | Other |
| Year Built | 1900 |
| Cooling Systems | ceiling fan(s),window unit(s) a/c |
| Exterior Types | aluminum siding,brick,vinyl siding |
| Heating Fuels | central furnace,forced air,steam |
|---|---|
| Num Of Floors | 0 |
| School District | CATASAUQUA AREA |
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Joe is a great agent and a very insightful friend that helped us all the way from the beginning to the settlement. We recently purchased a house through Joe. He made the whole process very smooth and...
02/03/2025 - Mike Chen
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We had an amazing experience working with Joe as our realtor! He was initially recommended by a colleague who also had a great experience, and now we understand why. Joe is incredibly knowledgeable,...
02/03/2025 - Qiran Shao
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Joe was amazing! He was so on top of things! When we had questions, he was extremely quick to respond. When we were not having as many showings as we expected, he gave us tips about what to do;...
11/07/2024 - christine oneill
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Joe Hawkins was reliable and professional. He was a very good advisor in my complicated contingency deal, and he guided us through closure with a customer-first mentality that I really appreciated....
08/28/2024 - Matt Mobley
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Joe was incredibly responsive and helpful with selling my property. He's definitely a rarity in the real estate world. I would highly recommend him for his professional services and dedication to his...
06/01/2024 - Linda McGill
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View more reviewsGreat experience working with Joe. Look forward to a future opportunity.
05/04/2024 - Christopher McCormick
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