61 E Garrison St, Bethlehem, PA 18018

1 bed2 baths1,299 sqft Edit

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Off Market
Zestimate®: $107,613
Rent Zestimate®: $1,140/mo
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My Notes

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Attention investors, here's your chance to own a turnkey investment property in downtown Bethlehem! The property is located right off of Center Street a few blocks from Historic Bethlehem. This newly renovated 2-unit is a single-family detached building with a two-car garage. Both units and both garages are fully rented on year leases, bringing in a total rent roll of $18,960 annually. The property features all new siding, new windows, a new h/w heater, and a completely renovated 2nd floor apt w/new kitchen, appliances, bath and refinished HW floors. The heat is zoned for ease of use between tenants while also providing a platform to separate the heat if desired. The garages are rented on a monthly basis and are somewhat below market. Plus, there is space next to the garage to add a parking pad for off-street, income-generating parking (subject to city approval).The 1st floor tenant and garage tenants are long-term tenants. Tenants are responsible for lawn care/snow removal.  More Less 

Facts

  • Lot: 3,058 sqft
  • Single Family
  • Built in 1900
  • Heating: Other
  • Last sold: Dec 2008 for $107,500

Features

  • Parking: Garage - Detached, 480 sqft

      Construction

      • Exterior material: Wood
      • Room count: 4
      • # Stories: 2.0
      • Structure type: Other
      • Unit count: 1

      Other

      • Floor size: 1,299 sqft
      • Parcel #: P6NE1B 19 14 0204
      • Zillow Home ID: 10158461

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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      $107,613
      +$1,099 Last 30 days
      $95K
      $119K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,140/mo
      -$33 Last 30 days
      $889
      $1.3K
      Zestimate range
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      $XXX,XXX
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      77 all-time views
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      115 forecasted views of this home
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      Comparable Homes

      Homes like this sold for $90-128K.

      $70K
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      Neighborhood

      Market guide

      Zillow predicts 18018 home values will rise 1.7% next year, compared to a 2.9% rise for Bethlehem Township as a whole. Among 18018 homes, this home is valued 24.2% less than the midpoint (median) home, and is valued 16.3% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 18018, the number of foreclosures waiting to be sold is 55.6% lower than in Bethlehem Township, and 64.4% less than the national average. This lower local number could help 18018 home values rise more quickly than other regions in Bethlehem Township.

      Learn more about forecast calculations or 18018 home values.
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        Nearby Schools in Bethlehem Township

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        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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