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.
Sold for $280,000 on 08/29/24
$280,000
55 E Elizabeth Ave, Bethlehem, PA 18018
--beds
--baths
2,652sqft
Mixed Use, Multi Family
Built in 1935
-- sqft lot
$375,900 Zestimate®
$106/sqft
$1,361 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 29, 2024 at 12:07pm
Listed by:
Christopher J Zajacek,
Grace Realty Co Inc
Bought with:
Christopher J Zajacek, RM048818A
Grace Realty Co Inc
Source: GLVR,MLS#: 737401
Originating 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
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
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$375,900
2% more+ $7,518
With Zillow Showcase(estimated)
$383,418