$166,800
$160,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
1137 East 3rd Street Bethlehem City, PA 18015
6 Beds
2 Baths
2,752 SqFt
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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Bought with Keller Williams Real Estate