NEW! Buy and sell safely with virtual options - Learn More
About the Listing RELTGRPS2 - 3186020
5 UNIT TURNKEY INVESTMENT offered 100% OCCUPIED! This property will grow in equity and rent roll over the years giving the owner peace of mind adding a key asset to their portfolio. 4 Residential units all featuring 1 Bedroom, 1 Bathroom and a 1st floor handicap accessible Commercial Rental. This property was FULLY RENOVATED AND UPDATED with OCCUPANCY starting 4/1/24 after renovations. Almost everything is 2 years old in this property. Each residential unit boasts a dishwasher, washer/dryer, gas heat, central air, stainless steel appliances, plank flooring, neutral paint and great storage. Additional areas in the building (attic and basement) that could offer more income from leasing storage spaces. Parking lot behind the building with 8 parking spots including handicap parking. Free on street parking surrounding the building on two streets as well. Gross annual income now $96,009. Cap Rate 6.46% Owner has a commercial 25 year loan for part of this purchase price that is assumable, ask the listing agent for more details. Positive cash flow even under leverage. This property looks gorgeous in photos and even better in person, LIKE NEW CONDITION - Class A Building impeccably maintained. Convenient to 378, Main St and all downtown Bethlehem has to offer for the lucky tenants. 5 separate water heaters, 6 electric services (1 House Meter), Separate HVAC each unit, One Water/Sewer Service to serve the property.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
PALH2014132
Year Built
1898
Total Square Footage
4,356
Lot/Acreage
0.25
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances: Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Stove, Refrigerator
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Laminate Plank
- Above Ground Sq Ft: 4356
- Below Ground Sq Ft: 0
- Basement: Interior Access,Poured Concrete,Unfinished
- Other: Attic,Sprinkler System
- Water: Public
Exterior Details
- Lot Description: Corner,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 64.11 X 150.92 IRREG
- Zoning: Mixed use commercial
- Roof: Architectural Shingle
- Others: Exterior Lighting,Sidewalks,Street Lights,Excellent
- Sewer: Public Sewer
- Parking Features: Parking Lot,On Street
Financial Details
- Tax Amount: $11,243
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
801 W Broad St Bethlehem, PA 18018
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
