Bethlehem, PA, 18015, United States (Off Market)

For Sale, USD 1,500,000


Property Type : Single Family Home

Property Style : N/A

Build Size : 4,750 ft² / 441 m²

Land Size : N/A

Bedroom : 12

Bathroom : 8

Half Bathroom : 0

MLS#: N/A


Property Description

Investment Opportunity with immediate income and could be turn-key depending on your needs. 2 buildings and a large lot give this property a few possibilities. Very little to do in the six unit building with most units having recent updates and are below market value on month to month leases. The two unit building is currently owner occupied and has been slightly modified for easy access between the units but could be returned to its original state, substantially raising income. The six unit building has three 2-bedroom, 1-bath and three 1-bedroom, 1-bath units. The two unit building has many updates on the first floor and is currently a three bed/2bath but returning to its original state will give you a two bed/1bath and 1bed/1bath. With 8 rentable units at market value, NOI at full occupancy could be in excess of $100k giving you a projected 7% CAP rate. The large lot has plenty of parking and open space for tenant activities. Convenient location for tenants to St Lukes, Steel Stacks, public transportation, eateries, and major travel routes. This property will give that portfolio the boost you have been looking for!
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Bethlehem, PA, 18015, United States, United States,Pennsylvania,Bethlehem is a 4,750ft² Bethlehem luxury Single Family Home listed for sale USD 1,500,000. This high end Bethlehem Single Family Home is comprised of 12 bedrooms and 8 baths. Find more luxury properties in Bethlehem or search for luxury properties for sale in Bethlehem.