55 East Elizabeth Avenue

Bethlehem, PA 18018

$325,000
Price
Beds
2,652 Sq. Ft.
$123 / Sq. Ft.
2,652
Sq. Ft.
$123
per Sq. Ft.

Description

Great mixed use opportunity or perhaps convert to all residential? Currently a medical office on first floor with multiple exam rooms and a powder room plus a spacious and bright airy apartment upstairs. Right in the middle of all the action as Moravian University athletic fields are right across the street and it is only a few short blocks Moravian's main campus. Conveniently within walking distance to restaurants and night life. The first floor is currently owner occupied who also sublets one exam...Great mixed use opportunity or perhaps convert to all residential? Currently a medical office on first floor with multiple exam rooms and a powder room plus a spacious and bright airy apartment upstairs. Right in the middle of all the action as Moravian University athletic fields are right across the street and it is only a few short blocks Moravian's main campus. Conveniently within walking distance to restaurants and night life. The first floor is currently owner occupied who also sublets one exam room to another medical practitioner. This first floor could continue to be used or rented as an office by the new owner or perhaps converted to residential units? The 2nd floor apartment is super spacious and bright featuring 2 bedrooms, large living room, kitchen, full bath and even a laundry room off the kitchen. Lots of potential for expansion as the walk up attic offers room for at least one and possibly two more bedrooms and another bath. Full basement has outside entrance and could be fitted up for tenant storage or used by the owner. Parking is at a premium in this area and this property fills the need with 6 off street parking spaces. Separate electric for first and second floor. Gas also services the building but is only being used for the apartment hot water heater and stove. Building has a recent roof for peace of mind. Great place for a business owner who also wants rental income. Bring your value added ideas and make this solid investment opportunity really shine.
  1. Listed by Christopher J Zajacek • Grace Realty Co Inc

Property Details for 55 East Elizabeth Avenue

Area
Bethlehem-North
Sub division
Not in Development

Location

Listing Courtesy of Grace Realty Co Inc
Add your commute
LISTING UPDATED: 05/09/2024 02:43 PM

Property Details for 55 East Elizabeth Avenue

StatusAvailable
MLS #737401
Days on Market28
Taxes$4,609 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Mixed Use
Year Built1935
Lot Size0.11 AC / 4,800 SF
CountyNorthampton County

Location

Listing Courtesy of Grace Realty Co Inc
Add your commute

Building Information for 55 East Elizabeth Avenue

Stories-Residences2Year Built1935Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$2,158 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,774

Property Taxes

$384

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55 East Elizabeth Avenue

Summary
Location and General Information
  • Directions: Route 22 to Route 191 South which becomes Linden Street. Follow Linden Street South to right on Elizabeth Avenue to property on right. Use driveway to access rear parking lot.
  • School District: Bethlehem
Parking
  • Garage: Off & On Street, Parking Lot
  • ParkingSpaces: 6
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $561.60
  • Lawn Snow Removal: $0
  • Maintenance Repair: $0
  • Management: 0
  • Municipal Taxes: $1,021.28
  • School Taxes: $3,026.40
  • Total Taxes: $4,609.28
Property
Lot Information
  • Acres: 0.11
  • APN: N6SE4A 13 3 0204
  • Zoning Code: CG-GENERAL COMMERCIAL
Property and Assessments
  • County Assessment: $52,000.00
  • Property SubType Category: Mixed Use, Semi Detached/Twin
  • Square Footage Source: Tax Records
  • Technology: Cable, Smk Detector Battery
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Wall AC
  • Electric: 0
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Aluminum
Interior Features
  • Baths: Semi Modern
  • Heat: $0
  • Heat Type: Baseboard, Electric
Multi Family
Multi-Family Information
  • Gross Income: $18,000.00
  • Insurance: $0
  • Net Income: $18,000.00
  • Operating Expense: $0
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 2
  • Total Units: 2
Unit 2
  • Unit Total2 Bedrooms: 1

Property History for 55 East Elizabeth Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 55 East Elizabeth Avenue

Taxable ValueLand$25,200Additions$26,800Total$52,000
Tax Record2024$4,596 ($383 / month)
Home Facts
Total Finished SqFt2,652 SqFtAbove Grade Finished SqFt2,652 SqFtStories1Lot Size4,800 SqFtStyleStoresYear Built1935ZoningCGCountyNORTHAMPTONAPNN6SE4A 13 3 0204

Schools near 55 East Elizabeth Avenue

This home is within Bethlehem Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
William Penn El School
PublicK to 5

Northeast Middle School
Public6 to 8

Liberty High School
Public9 to 12

St. Anne School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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55 East Elizabeth Avenue is a multi-family home for sale in Bethlehem, PA 18018. This property was listed for sale on May 4, 2024 by Grace Realty Co Inc, it's currently listed at $325,000. This listing's school district is Bethlehem Area School District. Nearby schools include William Penn El School, Northeast Middle School and Liberty High School. 55 East Elizabeth Avenue is a 0-bed, 0-bath, 2,652 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Grace Realty Co Inc

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.