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Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $64
Subdivision West Bethlehem
MLS Listing ID 1000372448
Sold Date 05/24/18
Style Other
HOA Y/N N
Abv Grd Liv Area 2,490
Originating Board TREND
Year Built 1910
Annual Tax Amount $4,537
Tax Year 2018
Lot Size 3,202 Sqft
Acres 0.07
Lot Dimensions 21X150
Property Description
Attention investors looking for mixed use duplex for $170,000! $1,875 monthly income! Rents are: first floor $675, Second floor $975 and garage (Both floors) $225. $22,500 per year Gross Rent. Minus gross expenses: taxes ($4,515 year) and insurance ($1,000) water+Sewage ($58 month) trash ($33 month). NOI is $1,324 per month or $15,893 per year! Cash cow and turnkey rolled into one. This nicely kept and maintained duplex has a three-office suite with kitchen on the first floor and a three-bedroom apartment suite on the upper floors, both with Central air A/C. Large, two-car garage and storage is located in the rear of property with alley access (Was previously rented for storage). First floor has Electric heat pump, second floor has Oil heat with each unit having separate utilities. Full basement with plenty of room for storage. Tenants pay for electric, oil-heat (Res. unit), hot water and cable. This impressive investment opportunity is located in a quiet and clean residential area, your tenants will enjoy easy access to the main strip (Broad st.), parks, local dining and shopping, all at an amazing price. Come see for yourself.
Location
State PA
County Lehigh
Area Bethlehem City (12303)
Zoning CL
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Interior Features Store/Office
Hot Water Natural Gas
Heating Oil, Electric, Forced Air, Radiator
Cooling Central A/C
Flooring Wood, Fully Carpeted, Tile/Brick
Fireplace N
Window Features Energy Efficient,Replacement
Heat Source Oil, Electric
Laundry Washer In Unit, Dryer In Unit
Exterior
Garage Spaces 10.0
Fence Other
Utilities Available Cable TV Available
Waterfront N
Water Access N
Accessibility None
Parking Type On Street, Detached Garage
Total Parking Spaces 10
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Bethlehem Area
Others
Tax ID 642728528458-00001
Ownership Fee Simple
Security Features Security System
Acceptable Financing Conventional, VA, Private, FHA 203(b)
Listing Terms Conventional, VA, Private, FHA 203(b)
Financing Conventional,VA,Private,FHA 203(b)
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