507 Walnut St

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.