Calling all investors - Exceptional multi-unit property with strong cash flow that won’t last long. This established and well-maintained 3-unit property sits high on a quiet street in Fountain Hill. Unit #1 is 2bd/1ba 1st floor, 1000 sq. ft with deck and front porch. Unit #2 1bd/1ba 2nd floor 600 sq. ft. Unit #3 ground level 1 bd/1ba 400 sq. ft. 2 of 3 units fully rented, with unit two recently being vacated and now listed for rent on 12/2 with several applications already in hand. Study of market rental rates: units have an increased potential of 15%-20%. The property is moments from Major Roadways, Hospitals, Lehigh University, and Downtown Bethlehem as well as direct access to nature, long walks, and trees just a few steps from each apartment across the street in the Historic Lechauwecki Spring Park. Tenants pay for their own electricity, water, sewer, and trash. One of the owners is a PA licensed Real Estate Broker.
Sold for $381,000 on 03/22/24
$381,000
730 Lechauwecki Ave, Bethlehem, PA 18015
4beds
1,702sqft
Multi Family, Single Family Residence
Built in 1945
-- sqft lot
$411,000 Zestimate®
$224/sqft
$1,931 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 22, 2024 at 01:20pm
Listed by:
Tiffany Wilten 615-739-3327,
BHHS Fox & Roach Center Valley
Bought with:
Tiffany Wilten, RS337395
BHHS Fox & Roach Center Valley
Source: GLVR,MLS#: 728061
Originating MLS: Lehigh Valley MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Gas
Cooling
- None
Interior area
- Total interior livable area: 1,702 sqft
Property
Parking
- Parking features: None
Lot
- Size: 8,581 sqft
- Dimensions: 78.17 x 110
Details
- Parcel number: 642608498303 001
- Zoning: Residential Conv 2 Apts
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Brick
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Bethlehem
- Subdivision: Not in Development
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$411,000
2% more+$8,220
With Zillow Showcase(estimated)$419,220