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Sold for $381,000 on 03/22/24
  • $381,000

    730 Lechauweki Ave, Bethlehem, PA 18015

    4beds
    3baths
    1,702sqft
    Multi Family
    Built in 1945
    -- sqft lot
    $400,200 Zestimate®
    $224/sqft
    $1,776 Estimated rent

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    $2,404/mo

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    What's special

    Please submit ALL OFFERS by TUESDAY at 3pm. Calling All Investors - Exceptional multi-unit property with strong cash flow that won’t last long. This established and well-maintained 3-unit property sits high on a quiet street in Fountain Hill. Unit #1 is 2bd/1ba 1st floor, 1000 sq. ft with deck and front porch. Unit #2 1bd/1ba 2nd floor 600 sq. ft. Unit #3 ground level 1 bd/1ba 400 sq. ft. 2 of 3 units fully rented, with unit two recently being vacated and now listed for rent on 12/2 with several applications already in hand. Study of market rental rates: units have an increased potential of 15%-20%. The property is moments from Major Roadways, Hospitals, Lehigh University, and Downtown Bethlehem as well as direct access to nature, long walks, and trees just a few steps from each apartment across the street in the Historic Lechauwecki Spring Park. Tenants pay for their own electricity, water, sewer, and trash. One of the owners is a PA licensed Real Estate Broker.

    Zillow last checked: 10 hours ago

    Listing updated: March 22, 2024 at 09:23am

    Listed by:

    Helen Wilten 615-739-3327,

    BHHS Fox & Roach - Center Valley

    Bought with:

    Helen Wilten, RS337395

    BHHS Fox & Roach - Center Valley

    Source: Bright MLS,MLS#: PALH2007412MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Radiator, Natural Gas, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,702
    • Total interior livable area: 1,702 sqft

    Property

    Parking
    • Parking features: Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 8,599 sqft
    • Dimensions: 78.17 x 110.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 64260849830300001
    • Zoning: MHDR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional,Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Brick/Mortar, Block
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bethlehem
    • Municipality: FOUNTAIN HILL BORO

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
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    $400,200
    2% more+$8,004
    With Zillow Showcase(estimated)$408,204