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$346,800
3 Beds
- 2 Baths
2 full baths
1,232sqft
1849 Market St, Bethlehem City, PA 18018
$346,800
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Apartment
Built in 1915
$-- HOA
2,525 sqft lot
$281/sq.ft
Description
Investment Opportunity – 1849 W. Market Street, Bethlehem, PA is a stable two-unit investment property being offered for sale with long-term tenants in place and dependable cash flow.
The property currently generates $33,393.48 in gross annual rental income, with verifiable operating expenses of $7,377.17, resulting in a Net Operating Income (NOI) of $26,016.31. At the asking price of $346,800, the property offers an attractive 7.5% capitalization rate.
The property underwent substantial improvements in 2018 (verify year if different), including:
Electrical system upgrades
New roof
Two new natural gas boilers
New water heaters
Interior renovations
Exterior improvements
...
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
1,232 sqft
Lot Size
2,525 sqft lot
Basement Area
- sqft
MLS Name
Greater Lehigh Valley MLS
MLS Number
780551
MLS Status
Active
Days on Market
10
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