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Sold for $280,000
  • $280,000

    55 E Elizabeth Ave, Bethlehem, PA 18018

    --beds
    --baths
    2,652sqft
    Mixed Use, Multi Family, Single Family Residence
    Built in 1935
    -- sqft lot
    $386,500 Zestimate®
    $106/sqft
    $1,598 Estimated rent

    Home value

    $386,500

    $348,000 - $429,000

    $1,598/mo

    Zestimate® history
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    $1,825/mo

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    $1,825/mo

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    What's special

    Great mixed use opportunity or perhaps convert to all residential? Currently a medical office on first floor with multiple exam rooms and a powder room plus a spacious and bright airy apartment upstairs. Right in the middle of all the action as Moravian University athletic fields are right across the street and it is only a few short blocks Moravian's main campus. Conveniently within walking distance to restaurants and night life. The first floor is currently owner occupied who also sublets one exam room to another medical practitioner. This first floor could continue to be used or rented as an office by the new owner or perhaps converted to residential units? The 2nd floor apartment is super spacious and bright featuring 2 bedrooms, large living room, kitchen, full bath and even a laundry room off the kitchen. Lots of potential for expansion as the walk up attic offers room for at least one and possibly two more bedrooms and another bath. Full basement has outside entrance and could be fitted up for tenant storage or used by the owner. Parking is at a premium in this area and this property fills the need with 6 off street parking spaces. Separate electric for first and second floor. Gas also services the building but is only being used for the apartment hot water heater and stove. Building has a recent roof for peace of mind. Great place for a business owner who also wants rental income. Bring your value added ideas and make this solid investment opportunity really shine.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher J Zajacek 610-442-3231,

    Grace Realty Co Inc

    Bought with:

    Christopher J Zajacek, RM048818A

    Grace Realty Co Inc

    Source: GLVR,MLS#: 737401MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • Wall Unit(s)
    Interior area
    • Total interior livable area: 2,652 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off Street, Parking Lot, On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: N6SE4A 13 3 0204
    • Zoning: CG-GENERAL COMMERCIAL
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use, Multi Family, Single Family Residence
    Materials
    • Aluminum Siding
    Condition
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Bethlehem
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    8/29/2024Sold$280,000-6.6%$106/sqft
    Source: GLVR #737401 Report a problem
    7/1/2024Pending sale$299,900$113/sqft
    Source: GLVR #737401 Report a problem
    6/26/2024Price change$299,900-7.7%$113/sqft
    Source: GLVR #737401 Report a problem
    5/9/2024Price change$325,000-7.1%$123/sqft
    Source: GLVR #737401 Report a problem
    5/7/2024Listed for sale$350,000$132/sqft
    Source: GLVR #737401 Report a problem
    5/5/2024Listing removed--
    Source: GLVR #735736 Report a problem
    4/9/2024Listed for sale$350,000+1844.4%$132/sqft
    Source: GLVR #735736 Report a problem
    2/23/2007Sold$18,000$7/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,702 +2%$52,000
    2024$4,609 +0.3%$52,000
    2023$4,596 $52,000
    2022$4,596 +649.1%$52,000
    2021$614 $52,000
    2020$614 $52,000
    2018$614 $52,000
    2017-- $52,000
    2016-- $52,000
    2015-- $52,000

    Find assessor info on the county website

    Neighborhood: 18018

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Bethlehem

    Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $386,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $386,500