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635 Atlantic St
Bethlehem, PA 18015
635 637 Atlantic St · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Lot Size | 0.13 AC | Year Built | 1900 |
| Building Size | 3,240 SF | ||
| Zoning | Rm | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.13 AC |
| Building Size | 3,240 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | Rm |
ABOUT 635 ATLANTIC ST , BETHLEHEM, PA 18015
Fully occupied, turnkey, cash flowing 9%+ cap rate @ asking, 3-unit, all-brick multifamily with spacious rooms & minimal maintenance in a desirable area of Bethlehem. The property has been renovated over the years to revitalize the interior/exterior with upgrades including a new furnace, energy efficient hot water heater, newer electrical and all new carpeting. Owners have diligently ascertained strong tenants with background/credit checks and have all security deposits. Apt 1 is a 3-story 4BR apartment with new carpets, 1st floor has a living/dining room combo and eat-in kitchen. 2nd floor has 3BR and full BA, 3rd floor has 4th BR. Apt 2 is on the 1st floor with open concept living/kitchen, breakfast bar, and master BR, also new carpets. Apt 3 is on 2nd floor with 2BR and view of the local park. Beautiful fenced backyard and 4 bay fully rented garage at 250/mo. Tenants pay electric. There is a large park located next to the building with basketball and other recreational activities.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+1 | 1 | $1,270 | - |
| 1+1 | 2 | $700.00 | - |
| 2+1 | 3 | $850.00 | - |
PROPERTY TAXES
| Parcel Number | P6SE2D-14-14-0204 | Improvements Assessment | $49,300 |
| Land Assessment | $11,400 | Total Assessment | $60,700 |
PROPERTY TAXES
