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 $325,999, the property offers an attractive 8% 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.
47 days
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703
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38
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Zillow last checked:
Listing updated:
Listed by:
Sean P. Burke610-730-7690,
Managed By Equinox Inc610-882-2000,
Kate Burke610-882-2000,
Managed By Equinox Inc
Source: GLVR,MLS#: 780551Originating MLS: Lehigh Valley MLS
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