416 East 4Th Street, Bethlehem City PA 18015 Photo 1 416 East 4Th Street, Bethlehem City PA 18015 Photo 2 416 East 4Th Street, Bethlehem City PA 18015 Photo 3 416 East 4Th Street, Bethlehem City PA 18015 Photo 4 416 East 4Th Street, Bethlehem City PA 18015 Photo 5 416 East 4Th Street, Bethlehem City PA 18015 Photo 6 416 East 4Th Street, Bethlehem City PA 18015 Photo 7 416 East 4Th Street, Bethlehem City PA 18015 Photo 8

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416 East 4Th Street - Great, Income generating modern multi-unit property. 8.5% Cap Rate. The entire property has been taken down to the brick and totally rebuilt. All units have been reconstructed with modern kitchens, stainless steel appliances, and modern amenities. The first floor commercial tenant is on a three year escalating lease with options to renew. All electricity is separate and there few costs to owner. The close proximity to Lehigh University gives a unique opportunity to turn this property into a student rental. This property will not last.

Listing information

  • MLS® ID: 565322
  • Status: Active
  • Foreclosure: No
  • County: Northampton
  • Style: Multi-Family
  • Stories: 0
  • Total Square Footage: 2,797 ($142.97 per sq. foot)
  • School District: Bethlehem
  • Year Built: 1910
  • New Construction: No
  • Estimated Annual Taxes: $3,920
  • Subdivision: Not in Development

Features

Area Bethlehem South
Construction Brick
Cooling Window Ac
Other Electric - 0, Gas - 0, Gross Income - 37368, Heat - 0, Net Income - 32064, Operating Expense - 2304, Other Expenses - 1704, Water/Sewer - 300, Zoning Code - Cg
Parking Off Site
Property Category Mixed Use
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Boutique One Properties Llc