1039 Mechanic Street
Description
Opportunity knocks for the investor looking for an owner friendly property with all major systems updated. Six 2 brm and 3 one bdrm apartment's. Strategically located in Southside Bethlehem with easy access to all major routes. Just some of the attractions are the Steel Stacks offering many forms of entertainment, shopping and a multitude of Restaurants. These apartments appeal to the general public, students and young professionals. All tenants pay all utility. All unit are updated and very clean. Convenience and extra income with coin op laundry on site and an updated rear patio offer tenants an outdoor retreat and many other possibilities. The common area is also remodeled. The buildings' old cast iron waste lines have been replaced. The outside of the building is virtually maintenance free. Seller is offering a clear Certificate of Occupancy from the City of Bethlehem. A purpose built 9 unit solid brick building. Upside potential with increasing rents to market value. This would be
$1,465,000
| Type: | Investment Property |
| Built: | 1900 |
| County: | Northampton |
| Area: | Bethlehem City |
| Listing Office: | BHHS Fox & Roach Bethlehem |
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Exterior Features
| Approximate Lot Size | 0.101 |
| Exterior Description | |
| Garage Description | |
| Parking Driveway Description | |
| Style |
Interior Features
| Appliances | |
| Basement | |
| Cooling | Ceiling Fans, Window ACs |
| Heating | Baseboard, Electric |
| Dining Area(s) | |
| Fireplace | |
| Number of Rooms | 0 |
Property Features
| Sewer | Public |
| Sub Property Type | |
| Taxes | $7,342.92 |
| Municipal Tax ID | 998613723 |
| Utilities | |
| Water | Public |
| Year Built Description | |
| Square Footage | 12480 |
| Cost per Square Foot | $117.39 |
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