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Key Details
Sold Price $765,000
Property Type Commercial
Sub Type Commercial,Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,907 sqft
Price per Sqft $195
Subdivision Not In Development
MLS Listing ID 651640
Sold Date 03/24/21
Bedrooms 6
Full Baths 6
Year Built 1900
Annual Tax Amount $5,966
Property Description
LOCATION,LOCATION,LOCATION. This spectacular Investment property will be the crown jewel in your portfolio. 5 residential units and one commercial unit, this building is as clean and well sorted as they come. Truly a turn key operation. All units are updated and modern. All the utilities are updated. Tenants pay their own heat. Expenses r very low Landlord just pays water/sewer, trash and taxes. There is a common coin opp laundry room for the tenants convenience. A quaint back patio with picnic table for tenants to enjoy. The exterior is maintenance free. Two years left on the commercial space with escalation clause. The apartment's are fully rented,two are well below market value and the other 3 are also below market value. The basement is supper clean and dry with all hot water heaters separate and all electric wires neat and tidy. With a stellar location and the fantastic condition of the building inside and out which will surprise all, there is nothing to do but collect rents.
Location
State PA
County Northampton
Area Bethlehem-North
Interior
Cooling Ceiling Fan, Window AC
Exterior
Garage None
Building
Story 2.0
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 NON MBR Office