New roofInterior renovationsExterior improvementsElectrical system upgradesNew water heaters
Investment Opportunity – 1849 W. Market Street, Bethlehem, PA is a stable two-unit investment property being offered for sale with long-term tenants in place and dependable cash flow.
The property currently generates $33,393.48 in gross annual rental income, with verifiable operating expenses of $7,377.17, resulting in a Net Operating Income (NOI) of $26,016.31. At the asking price of $346,800, the property offers an attractive 7.5% capitalization rate.
The property underwent substantial improvements in 2018 (verify year if different), including:
Electrical system upgrades
New roof
Two new natural gas boilers
New water heaters
Interior renovations
Exterior improvements
These updates have contributed to a low-maintenance ownership experience.
Buy with confidence—the property is being sold with:
A clear City of Bethlehem pre-sale inspection
A two-year roof certification
Documentation of recent boiler cleaning and servicing
Schedule your private tour today.
22 hours
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316
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6
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Zillow last checked:
Listing updated:
Listed by:
Sean P. Burke610-730-7690,
Managed By Equinox Inc610-882-2000,
Kate Burke610-882-5900,
Managed By Equinox Inc
Source: GLVR,MLS#: 780551Originating MLS: Lehigh Valley MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Heating
Gas, Hot Water, Radiator(s)
Cooling
Ceiling Fan(s), None
Features
Flooring: Hardwood
Interior area
Total interior livable area: 1,232 sqft
Property
Parking
Parking features: On Street
Has uncovered spaces: Yes
Features
Stories: 2
Lot
Size: 2,526 Square Feet
Dimensions: 21.23 x 124.84
Details
Parcel number: 6417789168831
Zoning: RT
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Apartment, Single Family Residence
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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