New ListingFour-Unit Investment Opportunity in South Bethlehem! Fully occupied income-producing property featuring two 2-bedroom apartments, one 1-bedroom apartment, and one large 4-bedroom apartment. Ideally located within walking distance of Lehigh University, restaurants, shopping, and everything South Bethlehem has to offer. Convenient public parking lot adjacent to the building. Established rental history with reliable tenants and strong rental demand potential. Offered at $699,000 with an estimated 7.64% cap rate based on historical reported income and expenses (see attached financial info) Excellent opportunity for investors looking to expand their portfolio with a four-unit property in a South Bethlehem location.
| MLS # | 787174 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 3 |
| Listing Provided By | Century 21 Ramos Realty | Anthony Ramos |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,816 |
| Story(s) | 2 |
| Units | 4 |
| Zoning | RM-RESIDENTIAL |
| Acreage | 0.08 |
| Tax Annual Amount | 4268.61 |
|---|
| State | PA |
|---|---|
| County | Northampton |
| City | Bethlehem City |
| Zip Code | 18015 |
| Area | Bethlehem South |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $699,000 low | high Med: $290,000 sqft: 4,816 low | high Med: 1,608 $ / sqft: $145 low | high Med: $192 On site: 3 low | high Med: 27.5 | |
| State | PA |
|---|---|
| County | Northampton |
| City | Bethlehem City |
| Zip Code | 18015 |
| Area | Bethlehem South |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $699,000 low | high Med: $290,000 sqft: 4,816 low | high Med: 1,608 $ / sqft: $145 low | high Med: $192 On site: 3 low | high Med: 27.5 | |