682 Hayes St - Apartments FOR SALE


Bethlehem, PA 18015- Downtown Bethlehem
$995,000 USD
610-217-6330
682 Hayes St, Bethlehem, PA for Sale
$995,000 USD
Apartments - FOR SALE
1/30
null | 9.62% Cap Rate

682 Hayes St
Bethlehem, PA 18015
Downtown Bethlehem


HIGHLIGHTS

  • 2 Car Garage
  • Value Add
  • Fully Occupied
  • South Bethlehem - walking distance to Casino

OVERVIEW

Fully occupied 8-unit investment property with a 2-car garage offering immediate, reliable cash flow. Currently, the landlord pays water, sewer, and trash, while tenants pay electric. Several units have already been converted to tenant-paid utilities, providing a clear opportunity to increase income by shifting the remaining utility costs to tenants. With a long history of strong occupancy and consistent performance, this is an excellent value-add investment with significant upside

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$180 USD /SF

# OF UNITS

8

PRICE/UNIT

$124,375

CAP RATE

9.62%

% LEASED

100%

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

1905

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,602 SF

ZONING

RM

APN/PARCEL ID

P6SE2D-15-18-0204

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.