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.
TURNKEY INVESTMENT ALERT! Check out this like new condition 5 unit (4 residential, 1 commercial) in the heart of Downtown Bethlehem! Property was fully rehabbed and renovated about 1 1/2 years ago and now features sprinklers, gas heat, gas cooking, washer/dryer in each unit, off street parking, central air, plank flooring and neutral paint and selections throughout. On the first floor check out the commercial spaced leased until 2030 as well as (2) 1 Bedroom Apartments. Upstairs check out (2) more 1 bedroom apartments. Commercial unit has at grade entrance in rear off parking lot and front door with steps to it. Off street parking for 8 cars & 1 handicap parking spot. Free on street parking also available on both sides of this property. Great layouts, awesome closet space, updated electric service. Tenants enjoy water/sewer/trash/snow removal included in their rent. Tenants pay electric, gas and provide renters insurance. Walk up attic or full basement could have storage areas added for additional rental income. This is a must have in your portfolio!
Turnkey Investment Opportunity in the Heart of Bethlehem Don’t miss this exceptional, turnkey duplex built in 2020, designed with modern energy efficiency and investor appeal in mind. 1 unit is currently rented at $2995 / Month. Tenant pays all utilities, yard maintenance and snow removal. This well-maintained property features two spacious units, each separately metered for all utilities, making it ideal for rental or multigenerational living. The home offers a total of 8 bedrooms, 4 full baths, and 2 half baths across the two units. -Unit 271 includes efficient 3-zone HVAC, fresh paint, and brand-new carpet. -Unit 273 features 4-zone HVAC and has also been freshly painted. Each unit is allocated two private parking spaces at the rear of the property, with ample street parking available in the front. Located just a short walk from Historic Bethlehem’s Main Street, enjoy charming shops, local dining, and the vibrant community. It’s also conveniently close to Moravian University and major highways for easy commuting. Whether you’re an investor or looking for a primary residence with rental income potential, this low-maintenance property is move-in ready and poised for strong returns.
Call all investors! Opportunity to purchase 4 renovated townhomes on the same street. Recently updated and renovated - move in ready units! Each home is already on a separate parcel. Properties are served by public water, sewer and gas. All homes have fenced rear yards, 1st fl laundry, basements and attics as well as street parking. Check out the kitchens and bathrooms. Gorgeous presentation and color selections. Location adjacent to Moravian University Campus in Downtown Bethlehem. Owner offering clear certificate of occupancy on each unit to the buyer.
TURNKEY INVESTMENT ALERT! Check out this like new condition 5 unit (4 residential, 1 commercial) in the heart of Downtown Bethlehem! Property was fully rehabbed and renovated about 1 1/2 years ago and now features sprinklers, gas heat, gas cooking, washer/dryer in each unit, off street parking, central air, plank flooring and neutral paint and selections throughout. On the first floor check out the commercial spaced leased until 2030 as well as (2) 1 Bedroom Apartments. Upstairs check out (2) more 1 bedroom apartments. Commercial unit has at grade entrance in rear off parking lot and front door with steps to it. Off street parking for 8 cars & 1 handicap parking spot. Free on street parking also available on both sides of this property. Great layouts, awesome closet space, updated electric service. Tenants enjoy water/sewer/trash/snow removal included in their rent. Tenants pay electric, gas and provide renters insurance. Walk up attic or full basement could have storage areas added for additional rental income. This is a must have in your portfolio!
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.
