57 East Garrison Street
Bethlehem City, PA 18018
- 12 beds
- 6 baths
- 4,089 sqft
- 1,984 sqft lot
- $293 per sqft
- 1900 build
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**Key Features of the Property** 1. **Prime Location**: - Situated in highly desirable North Bethlehem. - Walking distance to the historic district and downtown amenities, including shops, restaurants, and nightlife. - Attractive for tenants seeking convenience and city-style living. 2. **Unique Layout**: - Four separate addresses under one deed, offering tenants more privacy and less of a traditional apartment feel. - Features two decks with city views, adding outdoor living space for tenants. 3. **Strong Financials**: - Fully leased with tenants paying top market rent. - Stable cash flow due to high demand and qualified tenants. - Low taxes (approximately $5,000 annually) help maximize profit margins. 4. **Low Maintenance**: - Equipped with high-efficiency single-unit heaters and a gas backup hot water furnace, reducing utility and maintenance costs. - Turn-key property requiring minimal capital expenditures for the new owner. 5. **Additional Revenue Potential**: - Newly installed laundry room provides an opportunity for adding coin-operated machines to generate supplemental income. 6. **Ready for Sale**: - Can be conveyed with a clear Certificate of Occupancy with a competitive offer, ensuring a hassle-free transaction.
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Last updated Feb 3, 2025
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MLS# 749221 —
The Building
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Year Built:1900
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Year Built Exception:Unknown
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Construction:Aluminum
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Stories:3.0
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SqFt:4,089 Sqft
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SqFt Source:Tax Records
Location
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Area:Bethlehem-North
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Detached
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Zoning Code:CB
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Lot Size Source:Tax Records
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Lot SqFt:1984
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Acres:0.046
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$5,000.78
Beds
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Bedrooms:12
Baths
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Baths:6
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Full Baths:6
Heating & Cooling
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Heat:No
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Cooling:Window ACs
Utilities
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Water:Public
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Water/Sewer:2500
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Sewer:Public
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Gas:No
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Electric:1100
Schools
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School District:Bethlehem
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Garage:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/31/25
Jan 31, 2025
|
Sold | GLVR | $1,200,000 | -4.0% |
|
11/27/24
Nov 27, 2024
|
Listed / Active | GLVR | $1,250,000 |
