3159 Middletown Road, Bethlehem Twp PA 18020 Photo 1 3159 Middletown Road, Bethlehem Twp PA 18020 Photo 2 3159 Middletown Road, Bethlehem Twp PA 18020 Photo 3 3159 Middletown Road, Bethlehem Twp PA 18020 Photo 4 3159 Middletown Road, Bethlehem Twp PA 18020 Photo 5 3159 Middletown Road, Bethlehem Twp PA 18020 Photo 6 3159 Middletown Road, Bethlehem Twp PA 18020 Photo 7 3159 Middletown Road, Bethlehem Twp PA 18020 Photo 8 3159 Middletown Road, Bethlehem Twp PA 18020 Photo 9 3159 Middletown Road, Bethlehem Twp PA 18020 Photo 10

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3159 Middletown Road - Built in 1854 as a barn, the property was converted into luxury townhome-style rental units in 2015. During this conversion, the property was completely “gutted”, and new windows, plumbing and electric installed. Further, wood from the original walls and structure of the barn was saved and utilized throughout the property to build banisters, staircases and newel posts. A sprinkler system was installed throughout the property along with ductwork providing forced air to each unit. The three lower-level units boast radiant floor heat and a front patio. Tenants are responsible for electric, heat and hot water. All units feature granite countertops, new appliances, and an additional half-bath. Further, all units have private entrances and access to the large shared deck. Middletown Road Apartments offer an excellent turn-key opportunity with an immediate cash-on-cash return of 9% or greater in a growing suburban market.

Listing information

  • MLS® ID: 581288
  • Status: Active
  • Foreclosure: No
  • School District: Bethlehem
  • Style: Apartment
  • Stories: 0
  • Estimated Annual Taxes: $4,987
  • Subdivision: Not in Development
  • Year Built: 2015
  • New Construction: No
  • County: Northampton

Features

Area Bethlehem Twp
Construction Brick, Vinyl
Cooling Central Ac
Other Electric - 0, Gas - 0, Gross Income - 88620, Heat - 0, Net Income - 66640, Operating Expense - 12425, Other Expenses - 300, Water/Sewer - 2018, Zoning Code - 05Gc
Parking Unpaved Lot
Property Category Apartment Style
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Rittenhouse Realty Advisors