735–737 Laufer St, South Bethlehem — 6-Unit Brick Investment Property Great opportunity to own a solid brick 6-unit in South Bethlehem with a strong rental history and long-term tenants. Property consists of 3 two-bedroom units and 3 one-bedroom units. The 735 building features electric heat and hot water, while 737 offers gas heat and hot water. Most units have been updated and are in very good condition. Most tenants are currently on month-to-month leases, providing flexibility for future rent increases or repositioning. Conveniently located just a half-block from a City of Bethlehem public parking lot at Atlantic & Laufer St for added tenant convenience. This is an excellent investment property with solid income, proven tenancy, and a strong cap rate. A great addition to any investor’s portfolio. More photos will be posted soon
Bethlehem is located in Pennsylvania. Bethlehem, Pennsylvania has a population of 75,599. Bethlehem is less family-centric than the surrounding county with 19.45% of the households containing married families with children. The county average for households married with children is 27.6%.
The median household income in Bethlehem, Pennsylvania is $58,232. The median household income for the surrounding county is $77,103 compared to the national median of $69,021. The median age of people living in Bethlehem is 36.4 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 48 inches per year, with 30.4 inches of snow per year.