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Key Details
Sold Price $189,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $85
MLS Listing ID PANH2002862
Sold Date 10/14/22
Style Colonial
Abv Grd Liv Area 2,208
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,358
Tax Year 2022
Lot Size 1,734 Sqft
Acres 0.04
Lot Dimensions 0.00 x 0.00
Property Description
Two-Unit property located in N Bethlehem. UNIT 1: 1st fl w 1 bedrm/1 bath, living rm, kitchen, sunroom, access to private back yard. Unit 1 has access to dry basement with washer/dryer hookup. New carpet and new kitchen flooring installed after previous tenant moved out and vacant since then. UNIT 2: 2nd & 3rd floors w 4 bedrms, 1 bath, kitchen. Currently occupied w month to month tenant. Updated electric separated by units ( 2005); New oil tank ( 2012); Replacement windows ( 2004.) 1st fl living rm has water damage near window caused from down spouting issues occuring during heavy rains. Selling AS-IS. Seller in process of obtaining City C.O. with any corrections required being Buyer's responsibility. Using conservative current market value rents of Unit 1: $800/mo; Unit 2: $950/mo w Net Operating Income of $14,885 and N Bethlehem 7.5% cap rate this property is priced to sell!!
Location
State PA
County Northampton
Area Bethlehem City (12404)
Zoning CB
Interior
Hot Water Electric
Heating Hot Water
Cooling Ceiling Fan(s)
Heat Source Oil
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Bethlehem Area
Others
Tax ID P6NE1A-25-19-0204
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Mike Dragotta • Coldwell Banker Hearthside-Allentown
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