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Off market
  • $454,600

    Meade St, Bethlehem, PA 18015

    5beds
    2,000sqft
    Multi Family, Single Family Residence
    Built in 1900
    -- sqft lot
    $454,600 Zestimate®
    $227/sqft
    $-- Estimated rent

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    $2,883/mo

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    Est. payment

    What's special

    SOLID 10.5% NET RETURN ON THIS SINGLE- DETACHED STUDENT HOUSING INVESTMENT THAT BACKS UP TO LEHIGH UNIVERSITY PROPERTY. THIS HOME WAS COMPLETELY GUTTED AND REDONE SINCE 2009 INCLUDING NEW ELECTRIC, PLUMBING, NEW POURED CONCRETE PATIO IN THE REAR, RETAINING WALL, DRIVEWAY, NEW WINDOWS, SIDING AND ROOF. YOU NAME IT, IT WAS DONE!!! THE ROOF WAS RAISED TO EXPAND THE THIRD FLOOR AN ALLOW FOR 5 GENEROUSLY SIZED BEDROOMS AND 2 FULL BATHROOMS. RENTED UNTIL JUNE 2018 @ $3000 A MONTH WITH TENANTS PAYING ALL UTILITIES EXCEPT TRASH. THIS PROPERTY HAS HAD CONSISTENT OCCUPANCY SINCE 2009. THIS IS NOT YOUR TYPICAL STUDENT HOUSING RENTAL AND IS WORTHY OF YOUR INSPECTION. NEXT DOOR 2- FAMILY FOR SALE LISTED UNDER MLS# 563970 AND CAN BE SOLD AS A PACKAGE DEAL.

    Zillow last checked: 8 hours ago

    Listing updated: April 18, 2022 at 08:55am

    Listed by:

    Jennifer L. DeJesus 610-217-6330,

    Coldwell Banker Hearthside

    Bought with:

    Tammi Bateman, RL003614

    SVN / Imperial Realty

    Source: GLVR,MLS#: 563960MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved, Parking Lot
    Features
    • Stories: 3
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: P6SE1C1750204
    • Zoning: IP
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Single Family Residence
    Materials
    • Vinyl Siding
    Condition
    • 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
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    $454,600
    2% more+$9,092
    With Zillow Showcase(estimated)$463,692