
Property Attributes
- MLS#722879
- TypeMulti-Family
- CountyNORTHAMPTON
- CityBethlehem
- AreaBethlehem-South
- NeighborhoodNot in Development
- Zip18015
- StyleBoth Halves,Mixed Use
- Year Built1900
- Taxes$ 5843
- Price$ 610,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms2
- Sqr Footage4760
- Lot Size5,881 SqFt
Data Source:
Greater Lehigh Valley MLS (GLVMLS)
Property Description
512 - 510 Broadway is a 4 unit property with opportunity for increased net income. In-Place Rents are 30% - 35% below market with no CapEx required to achieve rental increase in residential units. Tenants are long term tenants on month-to-month leases and wish to stay. All units are SEPARATELY METERED for gas, electric, and water. Tenants are responsible for ALL UTILITIES - Including lawn care and snow removal. The first floor has 2 commercial units. The right side first floor commercial unit has the potential to be split into a commercial front unit with a back efficiency unit making this a 5 unit property. There are 2 residential 2 bedroom apartments each spanning the second and third floors with 1 apt. on the left and 1 on the right side of the building. The apartments have a second access through metal fire escapes. Yard and parking for 4 cars in the back of the building. City inspection has been completed.
Price History | |
---|---|
9/5/2023 | Listed $610,000 |
General Features
Construction | Brick |
---|---|
Cooling | No Air, Window ACs |
County | Northampton |
Electric | 950 |
Features | Fire Escape |
Parking | Unpaved Lot |
Parking Spaces | 4 |
School District | Bethlehem |
Sewer | Public |
Subdivision | Not in Development |
Water | Public |
Zoning Code | CG-GENERAL COMMERCIAL |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool