302 W 8th St, Bethlehem, PA 18015
- $1,400,000
- 7,832
- SqFt
- List Price
- $1,400,000
- Days on Market
- 14
- Status
- ACTIVE
- MLS#
- PANH2010304
- Living Area
- 7,832
- Lot Size (Acres)
- 0.26
- Style
- Colonial
- Year Built
- 1997
- County
- Northampton
- School District
- Bethlehem Area
Property Description
Off campus student housing by Lehigh University available for sale. Located across the street from Lehigh University. Property consists of 4 identical townhomes 1958 sq feet each, containing 5 bedrooms, 2 full and 1 half baths, common living and dining area, kitchen, laundry room and storage, rear deck, off street parking. Built in 1997--this is a unique property designed for students' living--wide hallways and staircases, open concept cozy common area .Oversize closets in the bedrooms. Great view of historic Bethlehem. It is an easy rental--referred by previous year students-tenants. New roof, all units painted within last 2 years, gas heat, central air conditioning--replaced within last 5 years. Current rental income is $156,000 per year, net income is $132,033. Next year gross income can be as high as $192,000
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Additional Information
- Area
- Bethlehem City (12404)
- Taxes
- $16868
- Interior Features
- Carpet, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Kitchen - Efficiency, Kitchen - Island, Bathroom - Tub Shower, Window Treatments
- School District
- Bethlehem Area
- Exterior Features
- Exterior Lighting, Sidewalks, Stone Retaining Walls, Street Lights
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Utilities
- Cable TV Available, Electric Available
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Hawkins Real Estate Company. Contact: 2407932485