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261 Schipps Lane

Upper Mt Bethel Twp, PA 18343
  • $310,000
  • STATUS: Available
  • ON SITE: 17 Days
  • MLS #: 701311
UPDATED: 85 min ago
$310,000
  • 9
    BEDS
  • 7.72
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

School District:

Description

Excellent investment opportunity. Rural Mt Bethel location on 7.72 acres lot land with 5 mobile homes. 4 are currently rented way below market valley. 3 bay garage located at end of dead end road. Could be rented out as well. Upgrades include new pressure tank, new well pump and newer light posts. One unit has been completely renovated. Another unit was partially renovated with some new windows and new furnace. Tenants are on a month to month lease so rents could easily be increased. Gross rent potential at todays market rent is $50400 gross

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© 2022 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 2022-10-01T13:12:58.96.
www.smartwayamerica.com/homes/133039571
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261 Schipps Lane Upper Mt Bethel Twp, PA 18343

  • Price: $310,000
  • Status: Available
  • On Site: 17 Days
  • Updated: 85 min ago
  • MLS #: 701311
9
Beds
6
Baths
0
½ Baths
7.72
Acres
1974
Built
Neighborhood:
Not In Development
County:
Northampton
Area:
Upper Mt. Bethel
School District:
Bangor
Property Description
Excellent investment opportunity. Rural Mt Bethel location on 7.72 acres lot land with 5 mobile homes. 4 are currently rented way below market valley. 3 bay garage located at end of dead end road. Could be rented out as well. Upgrades include new pressure tank, new well pump and newer light posts. One unit has been completely renovated. Another unit was partially renovated with some new windows and new furnace. Tenants are on a month to month lease so rents could easily be increased. Gross rent potential at todays market rent is $50400 gross
Exterior Features

Construction Aluminum Parking Garage Parking Spaces 10

Interior Features

Baths Semi Modern Cooling Ceiling FanWindow Ac Heat Type ElectricForced AirHot WaterOilPropane Tank Leased

Property Features

Cross Street Address Allegheny Rd And Potomac St Electric 658 Gas 0 Gross Income 39600 Heat 0 Lot Size Source Tax Records Net Income 27798 Operating Expense 6994 Other Expenses 0 Possible Financing CashConventional Property Sub Type Category Detached Sewer CesspoolSeptic Special Conditions Not Applicable Total Taxes 4743.70 Water Well Water Sewer 0 Year Built Exception Unknown Zoning Code Ar

Listing provided courtesy of Realty Solutions Of Pa: .


© 2022 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 2022-10-01T13:12:58.96.
 
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