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Sold for $1,200,000 on 01/31/25
  • $1,200,000

    57 E Garrison St, Bethlehem, PA 18018

    12beds
    4,089sqft
    Multi Family, Single Family Residence
    Built in 1900
    -- sqft lot
    $1,242,300 Zestimate®
    $293/sqft
    $-- Estimated rent

    What's special

    **Key Features of the Property** 1. **Prime Location**: - Situated in highly desirable North Bethlehem. - Walking distance to the historic district and downtown amenities, including shops, restaurants, and nightlife. - Attractive for tenants seeking convenience and city-style living. 2. **Unique Layout**: - Four separate addresses under one deed, offering tenants more privacy and less of a traditional apartment feel. - Features two decks with city views, adding outdoor living space for tenants. 3. **Strong Financials**: - Fully leased with tenants paying top market rent. - Stable cash flow due to high demand and qualified tenants. - Low taxes (approximately $5,000 annually) help maximize profit margins. 4. **Low Maintenance**: - Equipped with high-efficiency single-unit heaters and a gas backup hot water furnace, reducing utility and maintenance costs. - Turn-key property requiring minimal capital expenditures for the new owner. 5. **Additional Revenue Potential**: - Newly installed laundry room provides an opportunity for adding coin-operated machines to generate supplemental income. 6. **Ready for Sale**: - Can be conveyed with a clear Certificate of Occupancy with a competitive offer, ensuring a hassle-free transaction.

    Zillow last checked: 7 hours ago

    Listing updated: February 03, 2025 at 07:05am

    Listed by:

    Frank J. Renaldi, Jr.,

    CENTURY 21 Pinnacle

    Bought with:

    Jennifer L. DeJesus, RM423820

    Steel City Realty

    Source: GLVR,MLS#: 749221MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Electric, Gas, Hot Water
    Cooling
    • Wall/Window Unit(s)
    Interior area
    • Total interior livable area: 4,089 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Stories: 3
    Lot
    • Size: 2,003 sqft
    Details
    • Parcel number: P6NE1A 22 11 0204
    • Zoning: CB
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Single Family Residence
    Materials
    • Aluminum Siding
    Condition
    • Unknown
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bethlehem
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,242,300
    2% more+ $24,846
    With Zillow Showcase(estimated)
    $1,267,146