UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $171
Subdivision Not In Development
MLS Listing ID 768540
Bedrooms 9
Full Baths 6
Construction Status Unknown
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,761
Lot Size 2,482 Sqft
Acres 0.057
Property Sub-Type Investment
Property Description
Great opportunity to own a solid brick 6-unit in South Bethlehem with a strong rental history and long-term tenants. Property consists of 3 two-bedroom units and 3 one-bedroom units. The 735 building features electric heat and hot water, while 737 offers gas heat and hot water. Most units have been updated and are in very good condition. Most tenants are currently on month-to-month leases, providing flexibility for future rent increases or repositioning. Conveniently located just a half-block from a City of Bethlehem public parking lot at Atlantic & Laufer St for added tenant convenience. This is an excellent investment property with solid income, proven tenancy, and a strong cap rate. A great addition to any investor's portfolio. More photos will be posted soon
Location
State PA
County Northampton
Area Bethlehem-South
Direction Heading south on Stefko, make right off of the bridge, make left on Hayes, R on Laufer, 2 blocks home on L
Interior
Heating Electric, Gas
Cooling None
Fireplace No
Window Features Storm Window(s)
Exterior
Parking Features On Street
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Bethlehem
Others
Senior Community No
Tax ID P6SE2A 28 28A 0204
Security Features Fire Escape
Special Listing Condition None