Bethlehem, PA 18020,3211 FARMERSVILLE RD
Bethlehem, PA 18020,3211 FARMERSVILLE RD
Bethlehem, PA 18020,3211 FARMERSVILLE RD
$3,000,000
Est. payment /mo
$3,100,000
3.2%
Est.Price: ?

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5.47 Acres Lot
SOLD DATE : 01/05/2023

Key Details

Sold Price $3,000,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PANH2003102

Sold Date 01/05/23

Originating Board BRIGHT

Year Built 1982

Annual Tax Amount $14,035

Tax Year 2022

Lot Size 5.470 Acres

Acres 5.47

Lot Dimensions 0.00 x 0.00

Property Description

THIS IS A REMARKABLE OPPORTUNITY TO AQUIRE AN APARTMENT COMPLEX THAT HAS 15 UNITS LOCATED IN 5 SEPARATE BUILDINGS LOCATED IN CONJUNCTION TO EACH OTHER ON TWO SEPARATE PARCELS. THESE UNITS ARE LOCATED IN COVETED BETHLEHEM TOWNSHIP WHICH IS IN THE HEART OF THE THRIVING LEHIGH VALLEY THAT IS CURRENTLY IN THE TOP 5 IN THE NATION FOR ECONOMIC GROWTH. THERE ARE 12 THREE BEDROOM ONE AND A HALF BATH UNITS AND 3 ONE BEDROOM SINGLE BATH UNITS. 10 OF THE THREE BEDROOM UNITS AND 2 OF THE ONE BEDROOM UNITS HAVE BEEN RECENTLY UPDATED. 4 NEW DRIVEWAY/PARKING AREAS HAVE BEEN INSTALLED. 2 BUILDINGS HAVE NEW VINYL, SOFFIT & GUTTERS. LANDLORD PAYS WATER , SEWER & TRASH. TENANTS PAY ALL OTHER UTILITIES. THIS SITE AFFORDS FANTASTIC ACCESS TO ALL MAJOR HIGHWAYS IN THE AREA SUCH AS 22, 78, 33, 248, 611 ETC. WITH EASY ACCESS TO NJ AND MANY SHOPPING AND EATERY LOCATIONS. THIS COMPLEX IS 100% LEASED OUT AND CAN EASILY ATTAIN HIGHER RENTS PER UNIT. INCOME AND EXPENSE SHEET AVAILABLE UPON REQUEST TO QUALIFIED APPLICANTS

Location

State PA

County Northampton

Area Bethlehem Twp (12405)

Zoning MDR

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit, Window Unit(s)

Heat Source Electric

Exterior

Garage Spaces 50.0

Waterfront N

Water Access N

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 50

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Bethlehem Area

Others

Tax ID M7SE2-3-33A-0205

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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Bright MLS (BMLS)
Listed by Joseph E. Paranee • Paranee Property Management, LLC
Bought with Joseph E. Paranee • Paranee Property Management, LLC

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Irma Rodriguez

+1(302) 357-1823

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