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507 Walnut St , Catasauqua, PA 18032
$299,900
Est. Payment: $1,620.11/mo
5 Bed
2 Bath
2881 Sqft
0.11 Acres
Status: pending | Days on site: 6
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56086 - 3309658
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House Description

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 Monday 10/5 4:30-6:30pm.

Highlights

Listed by Georgiana Isadora Torrella , 6104179722 Iron Valley Real Estate of Lehigh Valley , 6107667200. Bright MLS

Property Type

Residential

Lot/Acreage
0.11

Year Built

1894

County

Lehigh

Area

Catasauqua Boro (12304)

Neighborhood

Catasauqua Borough

School District

Catasauqua Area

Listing ID

PALH2017088

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
Above Ground Sq Ft:2881
Basement:Unfinished,Rear Entrance,Outside Entrance,Interior Access,Full
Other:
  • ▪ Main Floor Bedrooms:2
  • ▪ Additional: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
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:R2
Roof:Fiberglass
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$1,620
Taxes
$469

Home Price

$299,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$59,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,620.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,620.11 $468.80 $0.00 $2,088.91
Yearly $19,441.34 $5,625.59 $0.00 $25,066.93
Total $583,240.22 $168,767.70 $0.00 $752,007.92
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Catasauqua, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T03:13:49.000Z

© 2026 Bright MLS