Active
Available
1039 Mechanic Street
Bethlehem City PA, 18015
$1,465,000
$117.39 per sqft
Active
Available
12,480 sqft
Condos
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