$3,000,000
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3211 Farmersville RD Bethlehem Twp, PA 18020
15,752 SqFt
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 15,752 sqft
Price per Sqft $190
MLS Listing ID 703393
Sold Date 01/05/23
HOA Y/N No
Year Built 1982
Annual Tax Amount $14,035
Lot Size 5.470 Acres
Acres 5.47
Property Sub-Type Apartment
Property Description
THIS IS A REMARKABLE OPPORTUNITY TO AQUIRE AN APARTMENT COMPLEX THAT HAS 15 UNITS LOCATED IN 5 SEPARATE BUILDINGS LOCATED IN CONJUNCTION TO EACH OTHER ON TWO SEPARATE PARCELS. THESE UNITS ARE LOCATED IN COVETED BETHLEHEM TOWNSHIP WHICH IS IN THE HEART OF THE THRIVING LEHIGH VALLEY THAT IS CURRENTLY IN THE TOP 5 IN THE NATION FOR ECONOMIC GROWTH. THERE ARE 12 THREE BEDROOM ONE AND A HALF BATH UNITS AND 3 ONE BEDROOM SINGLE BATH UNITS. 10 OF THE THREE BEDROOM UNITS AND 2 OF THE ONE BEDROOM UNITS HAVE BEEN RECENTLY UPDATED. 4 NEW DRIVEWAY/PARKING AREAS HAVE BEEN INSTALLED. 2 BUILDINGS HAVE NEW VINYL, SOFFIT & GUTTERS. LANDLORD PAYS WATER, SEWER & TRASH. TENANTS PAY ALL OTHER UTILITIES. THIS SITE AFFORDS FANTASTIC ACCESS TO ALL MAJOR HIGHWAYS IN THE AREA SUCH AS 22,78,33,248,611 ETC.EASY ACCESS TO NJ AND MANY SHOPPING AND EATERY LOCATIONS. THIS COMPLEX IS 100% LEASED OUT AND CAN EASILY ATTAIN HIGHER RENTS PER UNIT. INCOME AND EXPENSE SHEET AVAILABLE UPON REQUEST TO QUALIFIED APPLICANTS.
Location
State PA
County Northampton
Area Bethlehem Twp.
Direction FROM EASTON AVE TURN ON TO FARMERSVILLE RD COMPLEX IS ON RIGHT
Interior
Heating Electric
Cooling Window Unit(s), Wall Unit(s)
Fireplace No
Exterior
Parking Features On Site
Water Access Desc Public
Street Surface Asphalt,Concrete
Building
Sewer Public Sewer
Water Public
Schools
School District Bethlehem
Others
Tax ID M7SE2 3 33A 0205
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition None
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