712 East 4th Street, Unit 712716

Bethlehem, PA 18015

$1,287,500
Last Sold Price
9
Beds
7
Baths
9,112 Sq. Ft.
$141 / Sq. Ft.
9,112
Sq. Ft.
$141
per Sq. Ft.

Description

Cash flowing ten unit multi-family commercial property for sale on the Southside of Bethlehem. Building was newly renovated and is 100% occupied with leases in place. Total of seven residential units and three commercial retail spaces. Seven res units total (5) 1 BR & (2) 2BR apts. The ground-level retail spaces each have a three-year lease in place with options for renewal. The tenants' utilities are separately metered for electricity & gas, with all the tenants paying a fixed amount towards the...Cash flowing ten unit multi-family commercial property for sale on the Southside of Bethlehem. Building was newly renovated and is 100% occupied with leases in place. Total of seven residential units and three commercial retail spaces. Seven res units total (5) 1 BR & (2) 2BR apts. The ground-level retail spaces each have a three-year lease in place with options for renewal. The tenants' utilities are separately metered for electricity & gas, with all the tenants paying a fixed amount towards the water and sewer bill. This property would make an excellent addition to your investment portfolio. This deal will not last long. Call today for the financial package. The property is located on East 4th Street near Lehigh University, Steel Stacks, Banana Factory, The Outlets & Casino at Wind Creek, Starbucks, Lehigh Valley Charter High School for the Arts, Molinari's Restaurant, and many more local businesses. The property is in close proximity to major highways, Rtes. 22,378,412 and I-78
  1. Listed by Ayon A. Codner • Keller Williams Real Estate
  2. Listed by James J. Balliet • Keller Williams Real Estate

Property Details for 712 East 4th Street, Unit 712716

Area
Bethlehem-South
Sub division
Not in Development

Location

Listing Courtesy of Keller Williams Real Estate

Sold By Keller Williams Real Estate

Add your commute
LISTING UPDATED: 03/31/2022 04:27 PM

Property Details for 712 East 4th Street, Unit 712716

StatusSold & Settled
MLS #681599
Days on Market61
Taxes$10,147 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1920
CountyNorthampton County

Location

Listing Courtesy of Keller Williams Real Estate

Sold By Keller Williams Real Estate

Add your commute

Building Information for 712 East 4th Street, Unit 712716

Building/Complex712 E 4th StFloor-Stories3Residences10Pet Policy-Year Built1920Building Size-

Payment Calculator

$7,872 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,026

Property Taxes

$846

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 712 East 4th Street, Unit 712716

Summary
Location and General Information
  • Directions: US-22 E, Merge onto US-22 E via the ramp to Bethlehem, Follow US-22 E, and PA-378 S to W 4th St in Bethlehem, Take the PA-378 S exit toward Bethlehem. Continue onto PA-378 S Turn left onto W 4th St/Fourth St Destination will be on the right
  • School District: Bethlehem
Parking
  • Parking: None
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $1,249.56
  • Lawn Snow Removal: $165
  • Maintenance Repair: $3,728
  • Management: 4925
  • Municipal Taxes: $2,214.50
  • School Taxes: $6,682.83
  • Taxes: $0
  • Total Taxes: $10,146.89
Property
Lot Information
  • Acres: 0.109
  • APN: P6SE2A 20 6 0204
  • Lot Size Source: Tax Records
  • Zoning Code: CG
Property and Assessments
  • County Assessment: $115,700.00
  • Features: Balcony, Central Laundry, Disposal, Fire Escape
  • Property SubType Category: Apartment Style, Commercial, Mixed Use
  • Square Footage Source: Tax Records
  • Technology: Cable, DSL, Smk Detector Battery
Utilities
  • Cooling: Window AC
  • Electric: 1333
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 0
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Vinyl
Interior Features
  • Baths: Modern
  • Heat: $0
  • Heat Type: Gas, Radiator
Multi Family
Multi-Family Information
  • Gross Income: $122,100.00
  • Insurance: $2,410
  • Net Income: $98,052.00
  • Operating Expense: $25,071
  • Other Expenses: $0
  • Trash Removal: 2385
  • Total Unit Count: 10
  • Total Units: 10
Unit 1
  • Unit Total1 Bedroom: 5
Unit 2
  • Unit Total2 Bedrooms: 2

Property History for 712 East 4th Street, Unit 712716

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 712 East 4th Street, Unit 712716

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 - PK to 8
Rating
School
Distance
Donegan El School
PublicPK to 5

Broughal Middle School
Public6 to 8

Freedom High School
Public9 to 12

Holy Infancy 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.

Similar Homes

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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 Keller Williams Real Estate

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.