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5 Beds
2 Baths
2,881SqFt
Active
Updated, Occupied & Already Generating Cash Flow, this Versatile Property presents an Exceptional Turnkey Investment Opportunity OR the Perfect Solution for Multi-Generational Living! Located in Catasauqua Borough, this Charming Detached Brick Home offers Timeless Curb Appeal with a large covered front porch, a fenced backyard and peaceful views of the Tree-Lined Neighborhood.. ideal for enjoying your morning coffee or unwinding at sunset! Inside, luxury vinyl plank flooring extends throughout the home creating a cohesive & modern feel. The vacant 1st floor (unit 1) features an inviting Eat-In Kitchen with Updated Cabinetry, Butcher Block countertops and Peninsula Seating that flows seamlessly into the living area. A private side entrance leads to a convenient mudroom/laundry room. Two bedrooms and one full bath complete Unit 1. Basement access from the kitchen provides ample storage. The tenant occupied Unit 2 spans the 2nd and 3rd floor offering exceptional flexibility with 3 bedrooms, one full bath, a spacious living room filled with natural light, built-in shelving, a eat-in kitchen with its own laundry area—ideal for extended family or potential rental use. The third floor expands the 2nd unit living space even further with a generously sized bonus room perfect for a home office, playroom, fitness area or additional living quarters. Whether you're looking to expand your investment portfolio or accommodate extended family under one roof, this well-maintained income-producing property offers endless possibilities! New Natural Gas Boiler installed 2019 serviced 2026. New Hot Water Heater 2020. Ask to view the Full List of Upgrades & Budget Billing Utility Sheet. Open House Sunday 10/4 1-3pm.
Property Details | ||
|---|---|---|
| Price | $299,900 | |
| Bedrooms | 5 | |
| Full Baths | 2 | |
| Total Baths | 2 | |
| Property Style | Colonial | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.11 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Detached | |
| Stories | 3 | |
| Features | Additional Stairway,Bathroom - Stall Shower,Bathroom - Walk-In Shower,Breakfast Area,Built-Ins,Combination Kitchen/Dining,Double/Dual Staircase,Family Room Off Kitchen,Kitchen - Eat-In | |
| Year Built | 1894 | |
| Subdivision | CATASAUQUA BOROUGH | |
| Roof | Fiberglass | |
| Heating | Radiator,Baseboard - Hot Water | |
| Foundation | Permanent,Concrete Perimeter | |
| Accessibility | None | |
Geographic Data | ||
| Directions | From Airport Rd, Right on Race St, Right onto N 14th St, Left onto Walnut Street, Property on your Left. | |
| County | LEHIGH | |
| Latitude | 40.65845 | |
| Longitude | -75.47172 | |
| Market Area | Catasauqua Boro (12304) | |
Address Information | ||
| Address | 507 WALNUT ST, CATASAUQUA, PA 18032 | |
| Postal Code | 18032 | |
| City | CATASAUQUA | |
| State | PA | |
| Country | United States | |
Listing Information | ||
| Listing Office | Iron Valley Real Estate of Lehigh Valley | |
| Listing Office Email | donnagasper@ivreoflehighvalley.com | |
| Listing Agent | Georgiana Torrella | |
| Special listing conditions | Standard | |
| Ownership | Fee Simple | |
| Virtual Tour URL | https://media.realtourpilot.com/sites/rvwzkxdk/unbranded | |
School Information | ||
| District | CATASAUQUA AREA | |
MLS Information | ||
| Days on market | 1 | |
| MLS Status | Active | |
| Listing Date | Oct 3, 2026 | |
| Listing Last Modified | Oct 3, 2026 | |
| Tax ID | 640900582840-00001 | |
| Tax Year | 2026 | |
| Tax Annual Amount | 5625 | |
| MLS Area | Catasauqua Boro (12304) | |
| MLS # | PALH2017088 | |
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Last updated: 2026-10-03T12:30:24.74066Z. Listing information is provided by Bright MLS. Listings are generated from various brokers who participate in IDX. Information is deemed reliable but not guaranteed.