Description
This lot is perfect for development of 2-4 multi-unit which must be approved by City of Bethlehem. Plans have been presented for pre-approval and architectural drawings are available. 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 and positioned within walking distance of the new site for proposed South Bethlehem water park. South Bethlehem is experiencing massive growth and new apartments development.
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0BEDS
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0.02ACRES
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0BATHS
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01/2 BATHS
Description
This lot is perfect for development of 2-4 multi-unit which must be approved by City of Bethlehem. Plans have been presented for pre-approval and architectural drawings are available. 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 and positioned within walking distance of the new site for proposed South Bethlehem water park. South Bethlehem is experiencing massive growth and new apartments development.
© 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 2023-06-07T00:12:58.73.