57 E Garrison Street, Bethlehem, PA 18018 (MLS # 749221)
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**Key Features of the Property** 1. **Prime Location**: - Situated in highly desirable North Bethlehem. - Walking distance to the historic district and downtown amenities, including shops, restaurants, and nightlife. - Attractive for tenants seeking convenience and city-style living. 2. **Unique Layout**: - Four separate addresses under one deed, offering tenants more privacy and less of a traditional apartment feel. - Features two decks with city views, adding outdoor living space for tenants. 3. **Strong Financials**: - Fully leased with tenants paying top market rent. - Stable cash flow due to high demand and qualified tenants. - Low taxes (approximately $5,000 annually) help maximize profit margins. 4. **Low Maintenance**: - Equipped with high-efficiency single-unit heaters and a gas backup hot water furnace, reducing utility and maintenance costs. - Turn-key property requiring minimal capital expenditures for the new owner. 5. **Additional Revenue Potential**: - Newly installed laundry room provides an opportunity for adding coin-operated machines to generate supplemental income. 6. **Ready for Sale**: - Can be conveyed with a clear Certificate of Occupancy with a competitive offer, ensuring a hassle-free transaction.
| DAYS ON MARKET | 29 | LAST UPDATED | 12/10/2024 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1900 |
| COMMUNITY | Bethlehem-North | COUNTY | Northampton |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| School District | Bethlehem |
|---|
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Bethlehem-North |
| CONSTRUCTION | Aluminum Siding |
| LOT | 2004 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| TAXES | 5000.78 |
| WATER | Public |
| ZONING | CB |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with CENTURY 21 Pinnacle
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Data last updated: 12/26/24 11:33 AM PST
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