For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $189,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PM-100682
Sold Date 09/10/22
Originating Board Pocono Mountains Association of REALTORS®
Year Built 1900
Annual Tax Amount $3,332
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 0.04
Property Sub-Type Multi Family
Property Description
Two-Unit property located in N Bethlehem. UNIT 1: 1st fl w 1 bedrm/1 bath, living rm, kitchen, sunroom, access to private back yard. Unit 1 has access to dry basement with washer/dryer hookup. New carpet and new kitchen flooring installed after previous tenant moved out and vacant since then. UNIT 2: 2nd & 3rd floors w 4 bedrms, 1 bath, kitchen. Currently occupied w month to month tenant. Updated electric separated by units (~2005); New oil tank (~2012); Replacement windows (~2004.) 1st fl living rm has water damage near window caused from down spouting issues occuring during heavy rains. Selling AS-IS. Seller in process of obtaining City C.O. with any corrections required being Buyer's responsibility. Using conservative current market value rents of Unit 1: $800/mo; Unit 2: $950/mo w Net Operating Income of $14,885 and N Bethlehem 7.5% cap rate this property is priced to sell!!
Location
State PA
County Northampton
Area 0.04
Interior
Heating Oil
Cooling Ceiling Fan(s)
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
Others
Tax ID P6NE1A-25-19-0204
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
Andie Katz
Associate Broker | REALTOR® | License ID: AB069370
Associate Broker | REALTOR® License ID: AB069370