$1,420,000
$1,750,000
18.9%For more information regarding the value of a property, please contact us for a free consultation.
4,710 SqFt
SOLD DATE : 03/31/2025
Key Details
Sold Price $1,420,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,710 sqft
Price per Sqft $301
MLS Listing ID PANH2007104
Sold Date 03/31/25
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,462
Tax Year 2022
Lot Size 2,205 Sqft
Acres 0.05
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Property Description
The sellers are proud to present a 10-unit investment property in the heart of Bethlehem. With a gross income of $169,800 and a net income of $129,551, this property offers excellent returns. It features a mix of units ideal for various tenants, including 2 large three-bedroom apartments, 6 two-bedroom apartments, and 2 spacious one-bedroom apartments. Located in a prime area, your tenants will enjoy easy access to all the amenities Bethlehem has to offer, including numerous restaurants, the Wind Creek Casino, and the event center—all within walking distance. The property comes with management already in place, ensuring a seamless transition if you choose to retain their services. Additionally, the same seller has two other seven-unit properties and another ten-unit property within a 10-mile radius of this location. All properties will be delivered in turnkey condition, requiring no additional effort on your part—just invest and watch your money grow. Please note, one of the owners is a licensed real estate agent. See attached OM
Location
State PA
County Northampton
Area Bethlehem City (12404)
Zoning RM
Interior
Hot Water Electric
Heating Baseboard - Electric, Baseboard - Hot Water
Cooling Central A/C
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Bethlehem Area
Others
Tax ID P6SE2B-7-32-0204
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with james J Reardon • eXp Commercial
Specializing in buyer, seller, tenant, and investor clients. We sell heart, hustle, and a whole lot of homes.
Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.