1039 Mechanic Street, Bethlehem, PA 18015 (MLS # 745379)
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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.
| DAYS ON MARKET | 43 | LAST UPDATED | 10/1/2024 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1900 |
| COMMUNITY | Bethlehem-South | COUNTY | Northampton |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Bethlehem |
|---|
| PRICE HISTORY | |
| Prior to Oct 1, '24 | $1,475,000 |
|---|---|
| Oct 1, '24 - Today | $1,465,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Bethlehem-South |
| CONSTRUCTION | Aluminum Siding, Brick |
| LOT | 4400 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | Not in Development |
| TAXES | 7342.92 |
| WATER | Public |
| ZONING | RM-RESIDENTIAL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with BHHS Fox & Roach Bethlehem
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Data last updated: 10/30/24 11:19 AM PDT
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