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Sold for $177,000 on 01/03/24
  • $177,000

    917 Mechanic St, Bethlehem, PA 18015

    2beds
    1,536sqft
    Townhouse, Multi Family
    Built in 1900
    1,089 Square Feet Lot
    $195,700 Zestimate®
    $115/sqft
    $1,803 Estimated rent

    What's special

    Calling all investors. Established, well-maintained 2-unit property with long-term tenants and excellent payment history. Property is located in the sought-after South Bethlehem (Northamption County) within walking distance to the Casino, outlet shopping and premium restaurants. It is also located close to the South Side development zone with tons of new development and thriving businesses centered around the famous Steel Stack. The property has 2 one-bedroom units. All utility is separated. Tenant pays all utilities except water, sewer and taxes. All units have long term tenants. Main roof installed in 2022.Unit 1 lease is month-to-month. Unit 2's kitchen counter, since faucet, and bathroom faucet was replaced in Q1 of 2023. Bedroom and living rooms are freshly painted. The building has an updated 200Am electrical system with low maintenance electrical heat. Current rent for all units are below market due to rapid rent increase in the area. Cap rate over 10%. Selling as is.

    Zillow last checked: 7 hours ago

    Listing updated: January 05, 2024 at 10:57am

    Listed by:

    Christopher J. Carr,

    HomeZu

    Bought with:

    Sara J. Wildman

    Long and Foster Real Estate

    Source: GLVR,MLS#: 716538MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Wall/Window Unit(s)
    Interior area
    • Total interior livable area: 1,536 sqft

    Property

    Parking
    • Parking features: Off Site
    Lot
    • Size: 1,089 sqft
    Details
    • Parcel number: P6SE2A 13 8A 0204
    • Zoning: Resid
    • Special conditions: None

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Multi Family
    Materials
    • Brick
    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
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $195,700
    2% more+ $3,914
    With Zillow Showcase(estimated)
    $199,614