James J. Reardon
This listing was posted on James J. Reardon (via ListedBuy).
$495,000
Bethlehem, Northampton County, PA Commercial Property, Homesites for sale
Price:
$495,000
BR/BA:
3 BR
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Description:
$62,400 Gross Income, $48,520 Net Income, 10% Cap. These prideful owners have invested over $125K to renovate and rebrand this fully occupied, cash-flowing, 3-unit investment property including a full renovation of all residential and commercial units plus a newly paved $25K parking lot. Each unit was modernized from top to bottom with fresh paint, new HW flooring, energy-efficient windows, newly tiled bathrooms, and all-new kitchens with GRANITE countertops, new appliances, & each tenant has their own washer/dryer. The basement was separated to allow for tenant storage. The 3BR unit is very large and has a lot of sunlight. The 2BR is spacious and has oversized Bedrooms. The commercial unit has brand-new temp-controlled split units. There is a total of 10 paved parking spaces for tenants and commercial. Long-standing commercial tenant has a 5-year lease and is in year 2 with the option to renew. Brand new sidewalks along the exterior. Electric and heat are all separately metered and paid by the tenants. The ownership group is listing over 25 multi-family units available in addition to this property. Seller is a licensed real estate agent. PROJECTIONS with slightly higher sales come in at above $66,000 Gross. The 3-bedroom unit is on a month-to-month lease and market sale can be $2000 easily. The commercial unit is used by a great appliance team. They use it more as a supply then a showroom, but it was made to have showroom and offices with bathroom and new AC/ Heating Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Still available at ListedBuy!
Property Type:
Commercial & Office Space for Sale
Amenities:
AC, Parking, Storage, Washer Dryer
For sale by:
Agent/Broker
Agent Name:
James J. Reardon
Posted:
April 15 on ListedBuy
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More About this Listing: Bethlehem, Northampton County, PA Commercial Property, Homesites for sale
Bethlehem, Northampton County, PA Commercial Property, Homesites for sale is a Three Bedroom Commercial Real Estate for Sale at 1240 Pembroke Road in Bethlehem PA. Find other listings like Bethlehem, Northampton County, PA Commercial Property, Homesites for sale and listings near 1240 Pembroke Road by searching Oodle Classifieds for Three Bedroom Commercial Real Estate for Sale in Bethlehem PA.
Bethlehem, Northampton County, PA Commercial Property, Homesites for sale is a Three Bedroom Commercial Real Estate for Sale at 1240 Pembroke Road in Bethlehem PA. Find other listings like Bethlehem, Northampton County, PA Commercial Property, Homesites for sale and listings near 1240 Pembroke Road by searching Oodle Classifieds for Three Bedroom Commercial Real Estate for Sale in Bethlehem PA.