$315,000
$314,900
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3,264 SqFt
SOLD DATE : 04/07/2023
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,264 sqft
Price per Sqft $96
MLS Listing ID PANH2003178
Sold Date 04/07/23
Style Other
Abv Grd Liv Area 3,264
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,625
Tax Year 2022
Lot Size 1,560 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Description
Excellent visibility combined with superior income make this property a must see. Consider: projected rents based on average 1 and 2 bed rentals ($1,091 and $1,261/ mo. respectively) in S. Bethlehem since 1/21. Commercial ($1,000/mo.) based on actual seller lease to business. Cap rate based on these figures of just under 9%! With the flexibility to operate a business on the main floor and have the upper units pay for the property, or lease the entire building, your choice is easy.
Location
State PA
County Northampton
Area Bethlehem City (12404)
Zoning CG
Interior
Hot Water Natural Gas
Heating Other
Cooling None
Heat Source Natural Gas
Exterior
Utilities Available Cable TV
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Bethlehem Area
Others
Tax ID P6SW2B-12-20-0204
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States