57 E Garrison St Bethlehem, PA 18018
Downtown Bethlehem NeighborhoodEstimated payment $7,328/month
About This Home
Prime North Bethlehem Investment Opportunity!
Located in highly desirable North Bethlehem, this unique multifamily property is just steps from the Historic District, downtown restaurants, shopping, and entertainment, making it an attractive option for tenants.
Featuring four separate addresses under one deed, the property offers residents added privacy with the feel of individual homes rather than a traditional apartment building. Two private decks with city views provide desirable outdoor living space.
Tenants pay all utilities, helping keep operating expenses low. A newly added laundry room provides an excellent opportunity to generate additional income with coin-operated machines.
Immediate lease-up potential and a prime location in one of Bethlehem's strongest rental markets, this property offers an outstanding opportunity for investors seeking both current income and future upside.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $5,177
Year Built
- Built in 1900
Parking
- On-Street Parking
Home Design
- 4,089 Sq Ft Home
- Aluminum Siding
Bedrooms and Bathrooms
- 11 Bedrooms
Additional Features
- Washer Hookup
- 1,984 Sq Ft Lot
- Heating Available
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $919
- Insurance Expense $3,595
- Water Sewer Expense $400
- Operating Expense $10,571
- Gross Income $104,220
- Net Operating Income $93,649
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $597 | $55,300 | $13,000 | $42,300 |
| 2025 | $597 | $55,300 | $13,000 | $42,300 |
| 2024 | $4,888 | $55,300 | $13,000 | $42,300 |
| 2023 | $4,888 | $55,300 | $13,000 | $42,300 |
| 2022 | $4,850 | $55,300 | $13,000 | $42,300 |
| 2021 | $4,817 | $55,300 | $13,000 | $42,300 |
| 2020 | $4,771 | $55,300 | $13,000 | $42,300 |
| 2019 | $4,755 | $55,300 | $13,000 | $42,300 |
| 2018 | $4,640 | $55,300 | $13,000 | $42,300 |
| 2017 | $4,584 | $55,300 | $13,000 | $42,300 |
| 2016 | -- | $55,300 | $13,000 | $42,300 |
| 2015 | -- | $55,300 | $13,000 | $42,300 |
| 2014 | -- | $55,300 | $13,000 | $42,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2026 07/23/26 | For Sale | $1,250,000 | +4.2% | $306 / Sq Ft | |
| 01/31/2025 01/31/25 | Sold | $1,200,000 | -4.0% | $293 / Sq Ft | View Prior Sale |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- | |
| 11/27/2024 11/27/24 | For Sale | $1,250,000 | -- | $306 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Steel Abstract | |
| Deed | $250,000 | None Available | |
| Deed | $130,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Closed | $220,000 | Future Advance Clause Open End Mortgage |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 781243
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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