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1183 Mechanic Street

Bethlehem City, PA 18015
  • $115,000
  • STATUS: Available
  • ON SITE: 7 Days
  • MLS #: 709029
UPDATED: 58 min ago
$115,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

School District:

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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© 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 2023-02-01T19:12:59.33.
www.smartwayamerica.com/homes/136421104
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1183 Mechanic Street Bethlehem City, PA 18015

  • Price: $115,000
  • Status: Available
  • On Site: 7 Days
  • Updated: 58 min ago
  • MLS #: 709029
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1960
Built
Neighborhood:
Not In Development
County:
Northampton
Area:
Bethlehem-South
School District:
Bethlehem
Property 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.
Exterior Features

Construction Other Parking Paved Lot Parking Spaces 16

Interior Features

Cooling No Air Heat Type None

Property Features

Electric 0 Gas 0 Gross Income 7200 Heat 0 Lot Size Source Tax Records Net Income 5878 Operating Expense 0 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Resi Lease/Lot Sewer Public Special Conditions Not Applicable Total Taxes 822.03 Water Public Water Sewer 0 Year Built Exception Unknown Zoning Code Rm-Residential

Listing provided courtesy of Keller Williams Real Estate: .


© 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 2023-02-01T19:12:59.33.
 
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528 Seven Bridge Rd. Suite 107
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