Bethlehem, PA 18015,715-723 E 7TH ST
Bethlehem, PA 18015,715-723 E 7TH ST
Bethlehem, PA 18015,715-723 E 7TH ST
30
$1,500,000
$1,600,000
6.3%
Est.Price: ?

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13,728 SqFt

715-723 E 7TH ST Bethlehem, PA 18015

Est. payment /mo
SOLD DATE : 02/25/2021

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Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 13,728 sqft

Price per Sqft $109

MLS Listing ID PANH107300

Sold Date 02/25/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1969

Annual Tax Amount $10,035

Tax Year 2021

Lot Dimensions 0.00 x 0.00

Property Description

Fully occupied 12 unit building in South Bethlehem! The building consists of 6- 1 BR apartments, 6- 2BR apartments, on-site coin-operated laundry, additional storage area, security cameras, fire monitoring and a large parking lot for tenants. Tenants pay electric and the Landlord pays water, sewer and trash. Many capital improvements have already been made! Each lease is a yearly lease with an automatic 5% increase built in and an automatic 1 year renewal. All security deposits are in place. This property has had superb cash flow over the years and still has some upside available. This would be an easy addition to your portfolio and is perfectly situated between the Casino and Lehigh University. If you are looking for 12 units under one roof, don't miss this one!

Location

State PA

County Northampton

Area Bethlehem City (12404)

Zoning RM

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 14.0

Utilities Available Water Available, Sewer Available

Water Access N

Accessibility None

Total Parking Spaces 14

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Bethlehem Area

Others

Tax ID P6SE2D-13-17-0204

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jennifer de Jesus • Steel City Realty
Bought with Jennifer de Jesus • Steel City Realty

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Azieza Kazlak

REALTOR® | License ID: 1751218

+1(201) 705-0103

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