538 North New Street, Bethlehem City PA 18018 Photo 1 538 North New Street, Bethlehem City PA 18018 Photo 2 538 North New Street, Bethlehem City PA 18018 Photo 3 538 North New Street, Bethlehem City PA 18018 Photo 4 538 North New Street, Bethlehem City PA 18018 Photo 5 538 North New Street, Bethlehem City PA 18018 Photo 6 538 North New Street, Bethlehem City PA 18018 Photo 7 538 North New Street, Bethlehem City PA 18018 Photo 8 538 North New Street, Bethlehem City PA 18018 Photo 9 538 North New Street, Bethlehem City PA 18018 Photo 10 538 North New Street, Bethlehem City PA 18018 Photo 11 538 North New Street, Bethlehem City PA 18018 Photo 12

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538 North New Street - 7% Cap Rate. This beautiful 6 unit property in North Bethlehem has been totally rehabbed. The majority of the units and the common areas have been totally redone and modernized with stainless steel appliances and upgraded kitchens. The property is located steps away from some of the best Bethlehem has to offer. The building also has off street parking which is a major tenant attraction for this area. The demand for the units in this building are very high and there is rarely a vacancy. There is room to increase rents for the units making it an attractive investment opportunity. This property can be sold as a package with MLS#569451.

Listing information

  • MLS® ID: 569449
  • Status: Active
  • Foreclosure: No
  • County: Northampton
  • Style: Multi-Family
  • Stories: 0
  • Total Square Footage: 7,196 ($100.75 per sq. foot)
  • School District: Bethlehem
  • Year Built: 1900
  • New Construction: No
  • Estimated Annual Taxes: $5,370
  • Subdivision: Not in Development

Features

Area Bethlehem North
Construction Brick
Cooling Window Ac
Other Electric - 500, Gas - 1500, Gross Income - 60060, Heat - 0, Net Income - 50834, Operating Expense - 9226, Other Expenses - 0, Water/Sewer - 500, Zoning Code - Cb
Parking Rented
Property Category Apartment Style, Mixed Use
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Boutique One Properties Llc