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1147 4Th St Bethlehem, PA 18015

For Sale
$1,750,000

High-Yield Bethlehem Multifamily, Turnkey Ready

Property size:
4,710 SF

Description

Added:
Feb 3, 2025
Days on Market:
316
This exceptional 10-unit multifamily property, located at 1147 E 4th Street in Bethlehem, PA, presents a lucrative investment opportunity. Boasting a substantial 4,710 square feet on a 0.05-acre lot, this property generates a gross annual income of $169,800 and a net operating income of $129,551. The unit mix caters to a diverse tenant base, comprising two three-bedroom apartments, six two-bedroom apartments, and two one-bedroom apartments. Its prime location in the heart of Bethlehem offers tenants convenient access to a wealth of amenities, including numerous restaurants, the Wind Creek Casino, and an event center, all within walking distance. The property benefits from existing management, ensuring a smooth transition for new ownership. This turnkey property requires no immediate capital improvements, allowing for immediate cash flow. Note that the seller owns additional multifamily properties within a 10-mile radius, including two seven-unit buildings and another ten-unit building. This presents a unique opportunity to acquire a high-performing asset in a thriving location with potential for portfolio expansion. The asking price is $1,750,000.

Property Features for 1147 4Th St

General Information

Property type
Residential income properties
Square Feet
4,710 SF
Lot Size
2,178 SF

Building Details

Year Built
1900

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bethlehem Partners LLC Church

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bethlehem
County
Northampton
State
Pennsylvania
Longitude
-75.36103
Latitude
40.61127

FAQs

What type of property is this?
Residential income property - High-Yield Bethlehem Multifamily, Turnkey Ready
Where is this residential income property located?
The property is located at 1147 4Th St Bethlehem, PA.
What is the asking price?
The asking price for this property is $1,750,000.
More about this property
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