1183 Mechanic, Bethlehem, PA 18015

$115,000
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List Price
$115,000
MLS#
709029
Status
AVAILABLE
Type
Multifamily
City
Bethlehem
Area
Bethlehem-South
County
Northampton
Lot Size
1,056
Year Built
1960
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610-704-8826

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.

610-704-8826
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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
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Real Estate.

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