Active

Available

1039 Mechanic Street

Bethlehem City PA, 18015

$1,465,000


$117.39 per sqft

Active

Available

12,480 sqft

Condo

Built in 1900

Opportunity knocks for the investor looking for an owner friendly property with all major systems updated. Six 2 brm and 3 one bdrm apartment's. Strategically located in Southside Bethlehem with easy access to all major routes. Just some of the attractions are the Steel Stacks offering many forms of entertainment, shopping and a multitude of Restaurants. These apartments appeal to the general public, students and young professionals. All tenants pay all utility. All unit are updated and very clean. Convenience and extra income with coin op laundry on site and an updated rear patio offer tenants an outdoor retreat and many other possibilities. The common area is also remodeled. The buildings' old cast iron waste lines have been replaced. The outside of the building is virtually maintenance free. Seller is offering a clear Certificate of Occupancy from the City of Bethlehem. A purpose built 9 unit solid brick building. Upside potential with increasing rents to market value. This would be a great property to add to your portfolio.

745379

MLS ID

September 17, 2024

Listed

October 5, 2024

Updated

Map

1039 Mechanic Street
Bethlehem City PA, 18015

Interior Features

Laundry Description

Common Area


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.1 Acres


Sewer

Public Sewer

School Information

School District

Bethlehem

Other Property Details

Area Name

Bethlehem-South


Taxes

$7,343


Tax Frequency

Annually


Garage

No


View

No


County

Northampton


Water Source

Public


Pool

No


Zoning

RM-RESIDENTIAL

Listing History

Date

Event

Price

10/1/2024

Price change

$1,465,000

-1%

Courtesy of BHHS Fox & Roach Bethlehem with Roy Sjolund,
Listing Contact:  

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Data last updated 10/5/2024

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