57 E Garrison Street, Bethlehem, PA 18018

Back to Website: 57Garrison.IsForSale.com

Status:Active
MLS #:749221
Price:$ 1,250,000
Beds:12
Baths:6 Baths (6 F)
Type:Single Family
Size:4,089 ft²

Remarks

* * Key Features of the Property * * 1. * * Prime Location * * : - Situated in highly desirable North Bethlehem. - Walking distance to the historic district and downtown amenities, including shops, restaurants, and nightlife. - Attractive for tenants seeking convenience and city-style living. 2. * * Unique Layout * * : - Four separate addresses under one deed, offering tenants more privacy and less of a traditional apartment feel. - Features two decks with city views, adding outdoor living space for tenants. 3. * * Strong Financials * * : - Fully leased with tenants paying top market rent. - Stable cash flow due to high demand and qualified tenants. - Low taxes (approximately $5,000 annually) help maximize profit margins. 4. * * Low Maintenance * * : - Equipped with high-efficiency single-unit heaters and a gas backup hot water furnace, reducing utility and maintenance costs. - Turn-key property requiring minimal capital expenditures for the new owner. 5. * * Additional Revenue Potential * * : - Newly installed laundry room provides an opportunity for adding coin-operated machines to generate supplemental income. 6. * * Ready for Sale * * : - Can be conveyed with a clear Certificate of Occupancy with a competitive offer, ensuring a hassle-free transaction.
Renaldi Team

Renaldi Team

(484) 788-8682
Direct
(610) 691-0535
Office

Pinnacle

3001 Emrick Boulevard
Bethlehem, PA 18020

(610) 691-0535

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