57 E Garrison St - Apartments FOR SALE


Bethlehem, PA 18018- Downtown Bethlehem
$1,250,000 USD
610-217-6330
57 E Garrison St, Bethlehem, PA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/47
null | 7.49% Cap Rate

57 E Garrison St
Bethlehem, PA 18018
Downtown Bethlehem


HIGHLIGHTS

  • Newly Renovated
  • Code Complaint
  • Coin Operated Laundry
  • Tenants Pay all Utilties

OVERVIEW

Prime North Bethlehem Investment Opportunity! Located in highly desirable North Bethlehem, this unique multifamily property is just steps from the Historic District, downtown restaurants, shopping, and entertainment, making it an attractive option for tenants. Featuring four separate addresses under one deed, the property offers residents added privacy with the feel of individual homes rather than a traditional apartment building. Two private decks with city views provide desirable outdoor living space. Tenants pay all utilities, helping keep operating expenses low. A newly added laundry room provides an excellent opportunity to generate additional income with coin operated machines. Immediate lease-up potential and a prime location in one of Bethlehem's strongest rental markets, this property offers an outstanding opportunity for investors seeking both current income and future upside.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

7.49%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,172 SF

ZONING

CB

APN/PARCEL ID

P6NE1A-22-11-0204

ASK ABOUT THIS PROPERTY

Jennifer de JesusSteel City RealtyMore Info
610-217-6330

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Jennifer de JesusSteel City RealtyMore Info
610-217-6330

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.