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.
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
Owner options
What's special
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#: PALH2007412
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