302 W 8th St, Bethlehem, PA 18015

$1,400,000
7,832
SqFt

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List Price
$1,400,000
MLS#
PANH2010304
Status
ACTIVE
Type
Multifamily
Total Units
4
City
Bethlehem
Area
Bethlehem City (12404)
County
Northampton
Living Area
7,832
Lot Size
11,325
Year Built
1997

Property Description

Off campus student housing by Lehigh University available for sale. Located across the street from Lehigh University. Property consists of 4 identical townhomes 1958 sq feet each, containing 5 bedrooms, 2 full and 1 half baths, common living and dining area, kitchen, laundry room and storage, rear deck, off street parking. Built in 1997--this is a unique property designed for students' living--wide hallways and staircases, open concept cozy common area .Oversize closets in the bedrooms. Great view of historic Bethlehem. It is an easy rental--referred by previous year students-tenants. New roof, all units painted within last 2 years, gas heat, central air conditioning--replaced within last 5 years. Current rental income is $156,000 per year, net income is $132,033. Next year gross income can be as high as $192,000

Additional Information

Acres
0.26
Appliances
ENERGY STAR Clothes Washer, ENERGY STAR Dishwasher, Microwave, Oven - Single, Dryer - Electric, ENERGY STAR Refrigerator, Range Hood, Stove, Water Heater - High-Efficiency
Cooling
Central A/C
Interior Features
Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Kitchen - Efficiency, Kitchen - Island, Bathroom - Tub Shower, Window Treatments
Living Area
7,832
Lot Size
11,325
Parking
Asphalt Driveway, Assigned, Free
Region
Bethlehem City (12404)
School District
Bethlehem Area
Sewer
Public Sewer
Style
Colonial
Total Units
4
Utilities
Cable TV Available, Electric Available
Zoning
RM

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Calculator source: Real Geeks

Listing courtesy of Hawkins Real Estate Company. Contact: 2407932485

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