Fully occupied, turnkey, cash flowing 9%+ cap rate @ asking, 3-unit, all-brick multifamily with spacious rooms & minimal maintenance in a desirable area of Bethlehem. The property has been renovated over the years to revitalize the interior/exterior with upgrades including a new furnace, energy efficient hot water heater, newer electrical and all new carpeting. Owners have diligently ascertained strong tenants with background/credit checks and have all security deposits. Apt 1 is a 3-story 4BR apartment with new carpets, 1st floor has a living/dining room combo and eat-in kitchen. 2nd floor has 3BR and full BA, 3rd floor has 4th BR. Apt 2 is on the 1st floor with open concept living/kitchen, breakfast bar, and master BR, also new carpets. Apt 3 is on 2nd floor with 2BR and view of the local park. Beautiful fenced backyard and 4 bay fully rented garage at 250/mo. Tenants pay electric. There is a large park located next to the building with basketball and other recreational activities.
Off market
Zestimate®
$405,800
635-637 Atlantic St, Bethlehem, PA 18015
6beds
3,240sqft
Duplex, Multi Family, Multi Family, Apartment
Built in 1900
-- sqft lot
$405,800 Zestimate®
$125/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 18, 2022 at 08:57am
Listed by:
Tejas Gosai,
CENTURY 21 Keim,
Loren K. Keim Jr. 877-208-4158,
CENTURY 21 Keim Realtors
Bought with:
nonmember
NON MBR Office
Source: GLVR,MLS#: 570352
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Oil
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Balcony
Interior area
- Total interior livable area: 3,240 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 3
- Patio & porch: Patio
Lot
- Size: 5,619 sqft
Details
- Parcel number: P6SE2D14140204
- Zoning: RM
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family, Apartment
Materials
- Brick
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Bethlehem
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$405,800
2% more+$8,116
With Zillow Showcase(estimated)$413,916