Cash flowing ten units multi-family commercial property for sale on the Southside of Bethlehem, PA. The building was newly renovated and is 100% occupied with leases in place. The structure has a total of seven residential units and three commercial retail spaces. Five of the seven units are one-bedroom apartments, and two of the seven units are two-bedroom apartments.
The ground-level retail spaces each have a three-year lease in place with options for renewal. The tenants' utilities are separately metered for electricity & gas, with all the tenants paying a fixed amount towards the water and sewer bill. This property would make an excellent addition to your investment portfolio. With investment inventory being at extremely low levels, this deal will not last long. Call today for the financial package.
The property is located on East 4th Street near Lehigh University, Steel Stacks, Banana Factory, The Outlets at Wind Creek, Wind Creek Bethlehem Casino, Starbucks, Lehigh Valley Charter High School for the Arts, Cutters Bike Shop, Molinari's Restaurant, and many more local businesses.
The property is in close proximity to major highways, such as Rt. 22, Rt. 378, Rt. 412 and I-78
- Property Type
Retail
- Year Built
1920Renovated 2011
- Total Building Size
9,100RSF
- Total Acres
0.11
- Number of Floors
2
- Number of Buildings
3
- Zoning
CG
- Property ID
2160447
