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1611 E 8th St - 1611 & 1613 E 8th - CONSTRUCTION OPPORTUNITY 0.68 Acres of Commercial Land Offered at $90,000 in Bethlehem, PA 18015
INVESTMENT HIGHLIGHTS
- Construction opportunity for one or two homes to be sold or kept as rental properties
EXECUTIVE SUMMARY
Berkshire Hathaway Fox & Roach Commercial Division is proud to offer 1611 East 8th Street in Bethlehem for sale. The sale of this parcel will also include the purchase of the adjoining parcel, 1613 East 8th Street.
These parcels were previously adjoining halves of a ‘twin’ home and is located in Southside Bethlehem. Only a portion of the masonry foundations of the homes are still present and the primary opportunity for a buyer would be to remove the foundations and construct a new dwelling. Located less than 5 minutes from the Windcreek Casino and the heavily developed 3rd Street Southside corridor, this is an valuable opportunity for a buyer to construct a new home (s) and capitalize on the return of a new home sale or keep the homes as rental properties. The parcels are in the Bethlehem Opportunity Zone which offers tax advantages for a buyer who’s investment remains in place for a certain amount of time. Please contact the City of Bethlehem for details.
The properties are located in the RM Residential Zoning District and the parcels will not be sold separately
These parcels were previously adjoining halves of a ‘twin’ home and is located in Southside Bethlehem. Only a portion of the masonry foundations of the homes are still present and the primary opportunity for a buyer would be to remove the foundations and construct a new dwelling. Located less than 5 minutes from the Windcreek Casino and the heavily developed 3rd Street Southside corridor, this is an valuable opportunity for a buyer to construct a new home (s) and capitalize on the return of a new home sale or keep the homes as rental properties. The parcels are in the Bethlehem Opportunity Zone which offers tax advantages for a buyer who’s investment remains in place for a certain amount of time. Please contact the City of Bethlehem for details.
The properties are located in the RM Residential Zoning District and the parcels will not be sold separately
PROPERTY FACTS
| Price | $90,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.68 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | RM | ||
| Price | $90,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.68 AC |
| Opportunity Zone |
Yes |
| Zoning | RM |
1 LOT AVAILABLE
Lot
| Price | $90,000 | Lot Size | 0.68 AC |
| Price Per AC | $132,352.94 |
| Price | $90,000 |
| Price Per AC | $132,352.94 |
| Lot Size | 0.68 AC |
Sloped lot from East 8th to the rear of the parcels
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1611 E 8th St - 1611 & 1613 E 8th - CONSTRUCTION OPPORTUNITY
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