Fountain Hill Boro, PA 18015,532 Fiot Street
Fountain Hill Boro, PA 18015,532 Fiot Street
Fountain Hill Boro, PA 18015,532 Fiot Street
$315,008
Est. payment /mo
$329,000
4.3%
Est.Price: ?

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5 Beds
3 Baths
SOLD DATE : 08/01/2023

Key Details

Sold Price $315,008

Property Type Commercial

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Subdivision Not In Development

MLS Listing ID 716478

Sold Date 08/01/23

Bedrooms 5

Full Baths 3

Year Built 1896

Annual Tax Amount $4,540

Property Description

Calling all investors. Established, well-maintained 3-unit property with long-term tenants and excellent payment history. Property is located in the sought-after borough of Fountail Hill, only blocks away from St. Lukes Bethlehem campus with lots of health care professionals. The property has been meticulously maintained and passed borough inspection in 2021. The property has a 1 one-bedroom unit and 2 two-bedroom units and a newer construction of 3-car detached garages. All utility is separated. Tenant pays all utilities except water, sewer and taxes. Unit 3 is freshly painted with wall storage unit installed. New hot water heater is installed in unit 1 in January 2023. New flooring installed in bathroom. Owner put in over $30000 of improvement over the last 5 years. The building has updated 200Am electrical system with low maintenance electrical heat. All three units and garages have long term tenants who intend to stay. Cap rate over 10%. Selling as is.

Location

State PA

County Lehigh

Area Fountain Hill

Interior

Cooling Window AC

Exterior

Garage Garage

Garage Spaces 3.0

Building

Story 2.5

Sewer Public

Water Public

New Construction No

Schools

School District Bethlehem

Others

Financing Conventional

Special Listing Condition Not Applicable

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Listed by HomeZu
Bought with RE/MAX Real Estate

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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