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Key Details
Sold Price $85,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Development
MLS Listing ID 709029
Sold Date 12/11/23
Construction Status Unknown
HOA Y/N No
Year Built 1960
Annual Tax Amount $819
Lot Size 1,045 Sqft
Acres 0.024
Property Description
This lot is perfect for development of 2-4 multi-unit which must be approved by City of Bethlehem. Plans have been presented for pre-approval and architectural drawings are available. 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 and positioned within walking distance of the new site for proposed South Bethlehem water park. South Bethlehem is experiencing massive growth and new apartments development.
Location
State PA
County Northampton
Area Bethlehem-South
Direction Rt 378S to Third St. rt on Mechanic
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Paved, Parking Lot
Water Access Desc Public
Total Parking Spaces 16
Building
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Bethlehem
Others
Tax ID P6SE2B 4 4 0204
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition None
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Bought with Keller Williams Real Estate