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Key Details
Sold Price $462,000
Property Type Condo
Sub Type Apartment Style
Listing Status Sold
Purchase Type For Sale
Square Footage 3,974 sqft
Price per Sqft $116
Subdivision Not In Development
MLS Listing ID 659291
Sold Date 03/04/21
Bedrooms 7
Full Baths 4
Year Built 1916
Annual Tax Amount $4,428
Lot Size 2,320 Sqft
Property Description
This 4 Unit Investment Property has incredible potential after renovations. 1st floor studio is occupied on a MTM lease- long term tenant. 1st Floor 1 bedroom apt is also occupied on a MTM lease- long term tenant. 2nd floor is a 3 bedroom and 3rd floor is a 3 bedroom. Each first floor unit has a separate entrance. The 2nd and 3rd floor have a common entrance and feature large balconies off the rear exits. Each unit has separate electric and heat. Water/ Sewer is ratio billed to tenants. The upper units are in need of renovation. This property's highest and best use is student housing however it can be rented to anyone. Large Storage area could be added to a unit to make additional bedrooms or potentially added as an additional unit (*zoning approval required*) AS IS sale- no financials or history available. Buyer responsible for presale inspection.
Location
State PA
County Northampton
Area Bethlehem-South
Interior
Cooling No Air
Exterior
Garage None
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Bethlehem
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with Steel City Realty