Last Sold Price
12 beds6 baths6,483 sqft$128/sqft
605 Ridge St, Bethlehem, PA 18015

Description

6 unit fully occupied property. All yearly leases with full security deposits. 11 rentable parking spaces for extra income. Onsite coin-op laundry provides additional income as well. Tenants pay for separated electric. Landlord pays W/S/T and lawn care/snow removal. HVAC systems (heat AND central air) and W/H in all units.6 unit fully occupied property. All yearly leases with full security deposits. 11 rentable parking spaces for extra income. Onsite coin-op laundry provides additional income as well. Tenants pay for separated electric. Landlord pays W/S/T and lawn care/snow removal. HVAC systems (heat AND central air) and W/H in all units.
LISTING CLOSED: 08/01/2022 12:00 AM

  1. Listed by Jennifer L. DeJesus • Steel City Realty
    P: (610) 217-6330 C: (610) 217-6330 jen@dejesusteam.com
  2. Listed by Keith Takacs • Steel City Realty
    P: (610) 248-8159 C: (610) 248-8159 KtakacsRealtor@gmail.com

Property Details for 605 Ridge Street

Status
MLS #
693115
Days on Market
20
Taxes
$6,551 / year
HOA Fees
-
Condo/Co-op Fees
$4,023 semi-monthly
Property Type
MLS Type
Residential Income / Townhouse
Year Built
1900
Lot Size
0.20 AC / 8,640 SF
Subdivision Name
Not in Development

Location

Listing Courtesy of Steel City Realty

Sold By Steel City Realty

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Building Information for 605 Ridge Street

Stories-Residences6Year Built1900Building Size-Lot Size0.20 AC / 8,640 SF

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Principal and Interest

$4,219

Property Taxes

$546

HOA Dues

$8,046

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Property Information for 605 Ridge Street

Summary
Location and General Information
  • Country Subdivision: 42095
  • Directions: From E 4th St, turn South on Hayes St. Turn left on E 6th St. Turn right on Ridge St. Property is on your left.
  • Latitude: 40.608301
  • Longitude: -75.364387
  • MLS Area Major: Bethlehem-South
  • Zoning: RM-RESIDENTIAL
Taxes and HOA
  • Parcel Number: P6SE2D 8 3 0204
  • Tax Annual Amount: $6,551
  • Tax Assessed Value: $74,700
School Information
  • Elementary School District: Bethlehem
  • High School District: Bethlehem
  • Middle Or Junior School District: Bethlehem
Parking
  • Parking Total: 10.0
Property
Lot Information
  • Living Area: 6483.0
  • Lot Size Acres: 0.198
  • Lot Size Area: 8640.0
  • Lot Size Square Feet: 8640.0
Property and Assessments
  • Year Built: 1900
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling: Yes
  • Heating: Yes
Mobile Home
Mobile Home Information
  • Human Modified: No
Multi Family
Multi Family Innformationn
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $880.00
  • Fuel Expense: $682.00
  • Gardener Expense: $2,206.00
  • Gross Income: $83,760
  • Insurance Expense: $3,257.00
  • Maintenance Expense: $4,023.00
  • Net Operating Income: $57,493
  • Operating Expense: $22,154.00
  • Other Expense: $958.00
  • Professional Management Expense: $.00
  • Trash Expense: $1,576.00
  • Water Sewer Expense: $1,932.00
Unit Information
Unit 1
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Leased until-8/31/22
  • Unit Type Total Rent: $1,150.00
Unit 3
  • Unit Type Actual Rent Range: 1
  • Unit Type Area: 2.0
  • Unit Type Area Units: Leased until-12/31/22
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $2.00
  • Unit Type Num Full Baths: 1100
Unit 5
  • Unit Type Unit Num: 2
  • Unit Type Lease Expires: 12-31-1969 07:00:01 PM
Unit 6
  • Unit Type Pro Forma: 1
  • Unit Type Total Rent: $2.00
  • Unit Type Unit Num: Leased until-3/31/23
  • Unit Type Garage Spaces: 1100.0

Property History for 605 Ridge Street

DateEvent & SourcePriceAppreciation
Aug 1, 2022

Closed

GLVRMLS #693115

$830,000
Jul 27, 2022

Closed (Public Record)

Public Record #1495244550

$830,000

+37.5% / yr

Jun 5, 2022

Pending

GLVRMLS #693115

DateEvent & SourcePrice
08/01/2022

Closed

GLVRMLS #693115

$830,000
07/27/2022

Closed (Public Record)

Public Record #1495244550

$830,000

+37.5% / yr

06/05/2022

Pending

GLVRMLS #693115

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

Public Records for 605 Ridge Street

Taxable ValueLand$37,000Additions$37,700Total$74,700
Tax Record2026$807 ($67 / month)
Home Facts
Baths5Total Finished SqFt6,483 SqFtAbove Grade Finished SqFt6,483 SqFtStories2Lot Size8,625 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningRMCountyNORTHAMPTONAPNP6SE2D 8 3 0204

Schools near 605 Ridge Street

This home is within Bethlehem Area School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 7 to 12
Rating
School
Distance
Donegan Elementary School
PublicPK to 5

Broughal Middle School
Public6 to 8

Freedom High School
Public9 to 12

Gateway School Of Lehigh Valley
Private7 to 12

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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Listing Courtesy of Steel City Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association 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.