Description
This lot is perfect for development of multi-unit which must be approved by City of Bethlehem. While approval is taking place, four garages are currently cash flowing at $600/month. There is also an immediate opportunity to turn parking lot into 16 spaces -- approval necessary -- and rent at an additional $50/month. Potential gross income is $1,400 a month. Super low taxes. GREAT location for future South Bethlehem growth.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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1,056SQFT
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$109$/SQFT
Description
This lot is perfect for development of multi-unit which must be approved by City of Bethlehem. While approval is taking place, four garages are currently cash flowing at $600/month. There is also an immediate opportunity to turn parking lot into 16 spaces -- approval necessary -- and rent at an additional $50/month. Potential gross income is $1,400 a month. Super low taxes. GREAT location for future South Bethlehem growth.
© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2023-03-30T16:13:00.393.