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57 E Garrison ST, Bethlehem, PA 18018

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For Sale

$1,250,000

12 beds

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family Home
    Property type

  • Newly Listed
    Time on Century 21

  • 1900
    Year built

  • Over 50 Years Old
    Age

Explore this Property

**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.
MLS# 749221

Listed By CENTURY 21 Pinnacle

Property Features

  • Age
    Over 50 Years Old
  • Heating - Fuel Type
    Electric, Gas
  • Sewer
    Public
  • Style
    Other Style
  • Water
    City Water

Map and Directions

Directions to 57 E Garrison ST, Bethlehem, PA 18018

Home seller CENTURY 21 Pinnacle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Pinnacle

(610) 691-0535
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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