1183 Mechanic, Bethlehem, PA 18015

$115,000
List Price
$115,000
MLS#
709029
Status
AVAILABLE
Type
Multifamily
City
Bethlehem
Area
Bethlehem-South
County
Northampton
Lot Size
1,056
Year Built
1960

Property Description

This lot is perfect for development of multi-unit which must be approved by City of Bethlehem. While approval is taking place, four garages are currently cash flowing at $600/month. There is also an immediate opportunity to turn parking lot into 16 spaces -- approval necessary -- and rent at an additional $50/month. Potential gross income is $1,400 a month. Super low taxes. GREAT location for future South Bethlehem growth.

Additional Information

Acres
0.02
Construction
Other
Cooling
No Air
Lot Size
1,056
Net Income
5878
Parking
Paved Lot
Parking Spaces
16
Region
Bethlehem-South
School District
Bethlehem
Sewer
Public
Taxes
$822
Zoning
RM-RESIDENTIAL

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Real Estate.

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