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$ 399,900
Est. payment | /mo
4 Beds
2 Baths
1,830 SqFt
$ 399,900
Est. payment | /mo
4 Beds
2 Baths
1,830 SqFt
Key Details
Property Type Commercial, Single Family Home
Sub Type Converted,Semi Detached/Twin
Listing Status Active
Purchase Type For Sale
Square Footage 1,830 sqft
Price per Sqft $218
Subdivision Not In Development
MLS Listing ID 750072
Bedrooms 4
Full Baths 2
Year Built 1920
Annual Tax Amount $4,343
Lot Size 3,149 Sqft
Property Description
For investors looking for quality in a turnkey asset that offers both a long-term “store of value” in a premium location, this recently updated 2-unit offers highly desirable residences that appeal to those discerning tenants who covet the charm of a vintage habitat with contemporary updates. Beautiful refinished hardwood floors, stylish kitchens and fresh monochromatic colors throughout. Big 2-car garage in the rear with it's own separate electric meter for additional income. Private decks for each unit add to the allure. Sold with a clear Certificate of Occupancy from the City. Separate electric. Extremely low operating expenses produce a robust cap rate of 8.8%. Walkable distance to the best of historic downtown Bethlehem, proximity to all major roadways/transportation and close to Lehigh and Moravian and the massive hospitable networks (LHVHN-Jefferson/St.Luke's). Because not everyone wants to live in an austere “luxury” cookie-cutter box, there is an alternative/balance to call home: this is it.
Location
State PA
County Lehigh
Area Bethlehem-West
Interior
Cooling Window ACs
Exterior
Garage Spaces 2.0
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Bethlehem
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
Listed by Realty 365
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