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Key Details
Sold Price $345,000
Property Type Commercial
Sub Type Row-End Unit,Row/Townhouse,Semi Detached/Twin
Listing Status Sold
Purchase Type For Sale
Square Footage 3,648 sqft
Price per Sqft $94
Subdivision Not In Development
MLS Listing ID 675704
Sold Date 03/30/22
Bedrooms 9
Full Baths 4
Year Built 1900
Annual Tax Amount $4,384
Lot Size 2,466 Sqft
Property Description
9% CAPITALIZATION RATE! This property is the ideal asset to add to your investment portfolio and in addition to having a great return it is located in the ideal location to limit your vacancies in the future. Located conveniently near commuter routes, Lehigh University plus only minutes from the Wind Creek Casino, SteelStacks and tons of other dining, shopping and entertainment! This property consists of both sides of the duplex that are divided into a total of FOUR residential units with two first floor units and two second floor units. The building has long term tenants and currently only one vacancy that could easily be filled but has been left vacant for purposes of the sale! This is the perfect opportunity to obtain a residential rental property for your portfolio that will offer consistent returns with limited vacancy. Schedule your appointment to see this incredible opportunity before it's too late!
Location
State PA
County Northampton
Area Bethlehem-South
Interior
Cooling Ceiling Fan, Window AC
Exterior
Garage None
Building
Story 2.5
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 BHHS Regency Real Estate