Bethlehem City, PA 18015,1137 East 3rd Street

$166,800

Est. payment /mo

$160,000

4.3%
Est.Price: ?

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1137 East 3rd Street Bethlehem City, PA 18015

6 Beds

2 Baths

2,752 SqFt

SOLD DATE : 07/15/2020

Key Details

Sold Price $166,800

Property Type Commercial

Sub Type Row-End Unit

Listing Status Sold

Purchase Type For Sale

Square Footage 2,752 sqft

Price per Sqft $60

Subdivision Not In Development

MLS Listing ID 636588

Sold Date 07/15/20

Bedrooms 6

Full Baths 2

Year Built 1900

Annual Tax Amount $2,253

Lot Size 2,204 Sqft

Property Description

2 unit owner occupant and investor opportunity. Live in 1 and rent out the other, have your mortgage paid! Unit 1 front is a VACANT 4 bedroom (no walk-through) 1 bathroom home that stretches 3 stories tall. Gas baseboard heat and electric hot water heater. Updated and ready for immediate occupancy, potential rent $1200. Unit 2 Rear is an OCCUPIED 2 bedroom (no walk-through) 1 bathroom apartment with 1 car off street parking included. Gas baseboard heat and electric hot water heater. Currently occupied to a friend, month to month, $700 below market value! Potential 3rd income through garage rent at $200 a month. Garage can fit 3 cars and has a tall 2nd floor. Garage has rough plumbing connecting to the city sewer line! Potential to be a 3rd apartment on top of garage and use the garage space for the additional parking. Buyer is responsible to check with City Zoning. Gross income $25,200 (projected) - net is $19,351 = 12.09% CAP a 160k purchase.

Location

State PA

County Northampton

Area Bethlehem-South

Interior

Cooling No Air

Exterior

Garage Garage

Garage Spaces 3.0

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Bethlehem

Others

Financing Cash,Conventional,FHA,VA

Special Listing Condition Not Applicable

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First Heritage Realty Alliance

First Heritage Realty Alliance

+1(267) 525-7900

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Listed by Steel City Realty
Bought with Keller Williams Real Estate

First Heritage Realty Alliance

+1(267) 525-7900

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