Linda Dutton - Coldwell Banker Hearthside
1137 3rd St
Bethlehem City, PA 18015

Description

2 unit owner occupant and investor opportunity. Live in 1 and rent out the other and have your mortgage paid or add this property to your portfolio. Unit 1 front is a VACANT 4 bedroom (no walk-through) 1 bathroom apartment that feels like a home as it stretched 3 stories tall. Gas baseboard heat and electric hot water heater. Updated and ready for immediate occupancy. 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, 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 Zoning. Gross income $23,400 (projected) - net is $18,844.33 = 14.4% CAP.

Details

MLS#593156
Sub-TypeResale
StatusActive
Year1900
Days On Site13

Features

SQ Feet2,018
Units2

Additional Information

County Taxes300.90
Municiple Taxes447.53
School Taxes1427.24
Total Taxes2175.67

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Area Information

StatePA
CountyNorthampton
CityBethlehem City
Zip Code18015
AreaBethlehem-South
Listing VS Median (in 18015)
Price:
$130,000
low | high
Med:
$195,000
2% of Average
SqFt:
2,018
low | high
Med:
1,588
71.308225966303% of Average
$ / SqFt:
$64
low | high
Med:
$123
40.617128463476% of Average
On Site:
13
low | high
Med:
74
17.567567567568% of Average
Listing Updated: 10/22/2018
MLS Number: 593156
Listing Provided By:
Jennifer L. DeJesus  of  Steel City Realty