55 E Elizabeth Avenue, Bethlehem, PA 18018 (MLS # 737401)
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Great mixed use opportunity or perhaps convert to all residential? Currently a medical office on first floor with multiple exam rooms and a powder room plus a spacious and bright airy apartment upstairs. Right in the middle of all the action as Moravian University athletic fields are right across the street and it is only a few short blocks Moravian's main campus. Conveniently within walking distance to restaurants and night life. The first floor is currently owner occupied who also sublets one exam room to another medical practitioner. This first floor could continue to be used or rented as an office by the new owner or perhaps converted to residential units? The 2nd floor apartment is super spacious and bright featuring 2 bedrooms, large living room, kitchen, full bath and even a laundry room off the kitchen. Lots of potential for expansion as the walk up attic offers room for at least one and possibly two more bedrooms and another bath. Full basement has outside entrance and could be fitted up for tenant storage or used by the owner. Parking is at a premium in this area and this property fills the need with 6 off street parking spaces. Separate electric for first and second floor. Gas also services the building but is only being used for the apartment hot water heater and stove. Building has a recent roof for peace of mind. Great place for a business owner who also wants rental income. Bring your value added ideas and make this solid investment opportunity really shine.
DAYS ON MARKET | 115 | LAST UPDATED | 8/30/2024 |
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TRACT | Not in Development | YEAR BUILT | 1935 |
COMMUNITY | Bethlehem-North | COUNTY | Northampton |
STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
School District | Bethlehem |
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PRICE HISTORY | |
Prior to May 9, '24 | $350,000 |
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May 9, '24 - Jun 26, '24 | $325,000 |
Jun 26, '24 - Today | $299,900 |
ADDITIONAL DETAILS | |
AREA | Bethlehem-North |
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CONSTRUCTION | Aluminum Siding |
LOT | 4792 sq ft |
SEWER | Public Sewer |
SUBDIVISION | Not in Development |
TAXES | 4702.36 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Grace Realty Co Inc
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