1039 Mechanic Street Bethlehem City, PA 18015
Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / BHHS Fox & Roach Bethlehem

  1039 Mechanic Street Bethlehem City, PA 18015

Active (220 Days)
$1,465,000
12,480
SQFT

Description

Opportunity knocks for the investor looking for an owner friendly property with all major systems updated. Six 2 brm and 3 one bdrm apartment's. Strategically located in Southside Bethlehem with easy access to all major routes. Just some of the attractions are the Steel Stacks offering many forms of entertainment, shopping and a multitude of Restaurants. These apartments appeal to the general public, students and young professionals. All tenants pay all utility. All unit are updated and very clean. Convenience and extra income with coin op laundry on site and an updated rear patio offer tenants an outdoor retreat and many other possibilities. The common area is also remodeled. The buildings' old cast iron waste lines have been replaced. The outside of the building is virtually maintenance free. Seller is offering a clear Certificate of Occupancy from the City of Bethlehem. A purpose built 9 unit solid brick building. Upside potential with increasing rents to market value. This would be a great property to add to your portfolio.

MLS #:
745379
Lot Size
4,400 SQFT
Type
Multifamily
Year Built
1900
School District
Bethlehem
County
Northampton County

Listed By

Roy Sjolund, BHHS Fox & Roach, Realtors
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Apr 25 2025 at 11:27 PM PDT
Bathroom Details
Subdivision
  • Not In Development
Heating and Cooling
  • 0
  • Ceiling Fans
  • Window Acs
Utility Information
  • Sewer: Public
Garage
  • On Street
Living Area
  • 12,480 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 01, 2024
Price Changed
$1,465,000
-1%
-10,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
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