402 W Broad St, Bethlehem, PA 18018

This 5 unit has been owned and operate by the same owners for over 40 years. This prime location offer a store front which most recently was used by a contractor but was Bethlehem coin for 20+ years, 2 two bedroom units 1 one bedroom and 1 efficiency unit. One of the efficiencies was just re done. The other apartments are in good condition along with a solid exterior. The current rents are well below the current market rate but all tenants have been long term with month to month leases. Most of the tenants have been renting for 10+ years. Owners pay oil heat, trash, water & sewer. Tenants have their owns meter as well as a landlord meter for the common areas. The length of ownership shows the ease of maintenance and one you should add to your portfolio.