Bethlehem City, PA 18018,251 Franklin Street
Bethlehem City, PA 18018,251 Franklin Street
Bethlehem City, PA 18018,251 Franklin Street
Bethlehem City, PA 18018,251 Franklin Street
Bethlehem City, PA 18018,251 Franklin Street
Bethlehem City, PA 18018,251 Franklin Street
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$235,000

$230,000

2.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

2 Baths

1,809 SqFt


SOLD DATE : 04/27/2024

Key Details

Sold Price $235,000

Property Type Commercial

Sub Type Row-End Unit

Listing Status Sold

Purchase Type For Sale

Square Footage 1,809 sqft

Price per Sqft $129

Subdivision Not In Development

MLS Listing ID 733248

Sold Date 04/27/24

Bedrooms 3

Full Baths 1

Half Baths 1

Year Built 1914

Annual Tax Amount $3,757

Lot Size 1,159 Sqft

Property Description

Calling all savvy investors! This meticulously maintained twin single-family home in Bethlehem presents an exceptional opportunity for generating passive income. Currently rented at $1,803 per month with tenants responsible for all utilities, this property yields a substantial net income of $17,100 annually after expenses of $4,536. Priced competitively at $230,000, this investment boasts an impressive 7.4% cap rate, making it a standout choice in the area. With desirable features including hardwood floors, carpet, and ceramic tile, as well as stainless steel appliances, this property is sure to attract long-term tenants. Additionally, the finished basement with a bar and laundry room with washer and dryer add to its appeal. Don't miss out on this lucrative opportunity to add a high-performing asset to your portfolio in Bethlehem!

Location

State PA

County Lehigh

Area Bethlehem-West

Interior

Cooling No Air

Exterior

Garage Spaces 2.0

Building

Story 2.0

Sewer Public

Water Public

New Construction No

Schools

School District Bethlehem

Others

Financing Cash,Conventional

Special Listing Condition Not Applicable

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Listed by Steel City Realty
Bought with Morganelli Properties LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 360-1137

heather.m@morganelliproperties.com

1124 Linden Street, Bethlehem, Pennsylvania, 18018, USA

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