Address
510 Broadway, Bethlehem, PA
Price
$ 610,000
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

Property vs Multi-Family Average in 18015

Price
AVG $610K
$610K
Taxes
AVG $5,766
$5,843
Visits
AVG 97
44
Data Provided by Inside Real Estate®
Year Built
AVG 1916
1900
Walkscore
AVG 74
82
Data Provided by Walkscore® not using MLS data

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