604 W Union Boulevard, Bethlehem, PA 18018 (MLS # 750072)
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For investors looking for quality in a turnkey asset that offers both a long-term "store of value" in a premium location, this recently updated 2-unit offers highly desirable residences that appeal to those discerning tenants who covet the charm of a vintage habitat with contemporary updates. Beautiful refinished hardwood floors, stylish kitchens and fresh monochromatic colors throughout. Big 2-car garage in the rear with it's own separate electric meter for additional income. Private decks for each unit add to the allure. Sold with a clear Certificate of Occupancy from the City. Separate electric. Extremely low operating expenses produce a robust cap rate of 8.8%. Walkable distance to the best of historic downtown Bethlehem, proximity to all major roadways/transportation and close to Lehigh and Moravian and the massive hospitable networks (LHVHN-Jefferson/St.Luke's). Because not everyone wants to live in an austere "luxury" cookie-cutter box, there is an alternative/balance to call home: this is it.
| DAYS ON MARKET | 4 | LAST UPDATED | 12/18/2024 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1920 |
| COMMUNITY | Bethlehem-West | COUNTY | Lehigh |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Bethlehem |
|---|
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Bethlehem-West |
| CONSTRUCTION | Brick |
| LOT | 3136 sq ft |
| LOT DIMENSIONS | 21x150 |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| TAXES | 4343.98 |
| WATER | Public |
| ZONING | RT |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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