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Property Description

Unique investment opportunity in the heart of Catasauqua Borough featuring two income-producing parcels offered together. The primary parcel at 119 School Street is a well-maintained two-unit semi-detached property providing immediate cash flow with both units tenant occupied. The building offers separate living spaces with private entrances, functional layouts, vinyl siding, full basement, in-unit laundry hookups, public water and sewer, and off-street parking. The second parcel, located at 110 Railroad Street directly behind the residential building, is a large vacant lot currently utilized as a parking lot with eight rented parking spaces, generating additional passive income with minimal maintenance. Both parcels are zoned DC - Downtown Commercial, offering flexibility for future redevelopment, mixed-use potential, or continued income production. Conveniently located near local shops, schools, employment centers, major routes, and the Lehigh Valley International Airport. This walk-able borough location supports strong rental demand and long-term investment appeal. Ideal opportunity for investors seeking stable income today with upside potential in a growing Lehigh Valley market. Properties are tenant occupied; minimum 24-hour notice required for showings.

Overview

Property Status
Sold
Date Sold
March 6, 2026
MLS ID
769425
Property Type
Condo
Year Built
1900

Features & Amenities

Water Source
Public
Parking
Off Street, Parking Lot
Heat Type
Oil
Air Conditioning
Wall/Window Unit(s)
Laundry Room
Washer Hookup
Sewer
Public Sewer
School District
Catasauqua
Sales Price
$319,900
Real Estate Tax
$3,505/yr
Maintenance Fee
$1,000/mo
Zoning
DC - Downtown Commercial

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119 School Street

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  • CallNina Catalano

    License #RM425472

    (570) 236-1430
  • Current Listings

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