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$ 1,465,000
Est. payment /mo
Price Dropped by $10K
1039 Mechanic Street Bethlehem City, PA 18015
12,480 SqFt
UPDATED:
10/02/2024 12:03 AM
Key Details
Property Type Condo
Sub Type Apartment Style
Listing Status Active
Purchase Type For Sale
Square Footage 12,480 sqft
Price per Sqft $117
Subdivision Not In Development
MLS Listing ID 745379
Year Built 1900
Annual Tax Amount $7,342
Lot Size 4,400 Sqft
Property Description
Opportunity knocks for the investor looking for an owner friendly property with all major systems updated. Six 2 brm and 3 one bdrm apartment's. Strategically located in Southside Bethlehem with easy access to all major routes. Just some of the attractions are the Steel Stacks offering many forms of entertainment, shopping and a multitude of Restaurants. These apartments appeal to the general public, students and young professionals. All tenants pay all utility. All unit are updated and very clean. Convenience and extra income with coin op laundry on site and an updated rear patio offer tenants an outdoor retreat and many other possibilities. The common area is also remodeled. The buildings' old cast iron waste lines have been replaced. The outside of the building is virtually maintenance free. Seller is offering a clear Certificate of Occupancy from the City of Bethlehem. A purpose built 9 unit solid brick building. Upside potential with increasing rents to market value. This would be a great property to add to your portfolio.
Location
State PA
County Northampton
Area Bethlehem-South
Interior
Cooling Ceiling Fans, Window ACs
Building
Sewer Public
Water Public
New Construction No
Schools
School District Bethlehem
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
Listed by BHHS Fox & Roach Bethlehem