57 E GARRISON STREET

BETHLEHEM, PA, 18018

$1,299,000

$317 per ft²
$1,299,000
$317 per ft²
Active
Active
 - For Sale
carpenters-square
4,089 ft²
property_type
Commercial
calendar
Built 1900
COMPLETELY RENOVATED 6-UNIT in highly DESIRABLE NORTH BETHLEHEM. This property is located within walking distance of Bethlehem's famous historic district and downtown shops, restaurants and night life. There are four addresses on one deed which provides additional privacy and less of an apartment feel for the tenants. The building provides opportunities for two great decks with views of the city lights and creates additional living space for the tenants. This TURN-KEY property has everything an Owner needs for immediate cashflow, 18 month leases with top market rent and highly qualified tenants looking for NYC-style living. Owner gets low CAP-EX with high efficiency electric heaters (tenants love low electric bills & Owner has NO HVAC maint.) And low taxes! You get it all with this building - location, long term leases with qualified tenants, a newly installed laundry room -add coin-op machines and add revenue. PROPERTY COMES WITH A CLEAR CERTIFICATE OF OCCUPANCY.
MLS® ID:
PANH2002680
Updated:
2/1/23
Berkshire Hathaway HomeServices Fox & Roach, REALTORS®
Rebecca Francis

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Baseboard - Electric, Hot Water Baseboard - Electric

Exterior/Building Features

Lot Size
1,984 ft² lot
Sewer
Public Sewer

School Information

School District
BETHLEHEM AREA

Other Property Details

Area Name
Bethlehem City (12404)
Taxes
$4849.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
Y
County
NORTHAMPTON
Utilities
Natural Gas Available
Water Source
Public
Pool
No
Total Stories
3
Zoning
CB
Sub Agency Compensation
0
Buyer Agency Compensation
2
Transaction Broker Compensation
0

Property History

Date
Event
Price
Value
1/31/23
Price Change
$1,299,000
-3%
10/25/22
Price Change
$1,349,000
-10%

Courtesy of Keller Williams Real Estate - Bethlehem, Lenore Mohr

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s), the owner of this website, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2023 BRIGHT MLS. All rights reserved.

Data last updated 8:32 AM UTC, 2/1/23

Berkshire Hathaway HomeServices Fox & Roach, REALTORS®
Rebecca Francis
Contact