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1137 East 3rd Street Bethlehem, PA

income

  • 6
    Bed
  • 2
    Bath
  • 1,900
    Sq. Ft

Priced at $130,000

1137 3rd Street, Bethlehem

2 unit owner occupant and investor opportunity. Live in 1 and rent out the other and have your mortgage paid or add this property to your portfolio. Unit 1 front is a VACANT 4 bedroom (no walk-through) 1 bathroom apartment that feels like a home as it stretched 3 stories tall. Gas baseboard heat and electric hot water heater. Updated and ready for immediate occupancy. Unit 2 Rear is an OCCUPIED 2 bedroom (no walk-through) 1 bathroom apartment with 1 car off street parking included. Gas baseboard heat and electric hot water heater. Currently occupied to a friend, month to month, below market value! Potential 3rd income through garage rent at $200 a month. Garage can fit 3 cars and has a tall 2nd floor. Garage has rough plumbing connecting to the city sewer line! Potential to be a 3rd apartment on top of garage and use the garage space for the additional parking. Buyer is responsible to check with Zoning. Gross income $23,400 (projected) - net is $18,844.33 = 14.4% CAP.

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