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Key Details
Sold Price $235,000
Property Type Single Family Home
Sub Type Semi Detached/Twin
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $116
Subdivision Not In Development
MLS Listing ID 692107
Sold Date 07/07/22
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $2,908
Lot Size 1,760 Sqft
Property Description
Fantastic investment opportunity to own off-campus student housing. Located 5 blocks from Lehigh's campus, this is an ideal residence for students from Lehigh U. and nearby colleges (Penn State LV, De Sales U, etc.). 5 BR 2 full bath brick home, featuring 9' high ceilings, brand new kitchen (2021) with granite countertops, and beautiful tile backsplash. Notable upgrades include an new gas furnace (2018), keyless digital door lock (2021), smart thermostat (2021), stainless steel appliances (2021), new laminate flooring/ new carpet (2021) and more. Rental pricing projected at $520/student ($2,600/month total). $20,000+ in upgrades done in the past year to reduce maintenance costs for the future. Current lease runs through 6/30/2022. Existing tenants may renew lease for next school year; otherwise, buyer will select replacements. Maximum of 5 tenants allowed by Bethlehem City ordinance limits. Schedule your showing today!
Location
State PA
County Northampton
Area Bethlehem-South
Interior
Cooling Ceiling Fan, Window AC
Exterior
Garage None
Garage Spaces 2.0
Building
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