$999,999

Estimated payment $6,192/month

Total Views 4,354
-- Bed
-- Bath
4,356 Sq Ft
$230 Price per Sq Ft

Highlights

  • Popular Property
  • Attic
  • Exterior Cameras
  • Colonial Architecture
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

5 UNIT TURNKEY INVESTMENT offered 100% OCCUPIED! This property will grow in equity and rent roll over the years giving the owner peace of mind adding a key asset to their portfolio. 4 Residential units all featuring 1 Bedroom, 1 Bathroom and a 1st floor handicap accessible Commercial Rental. This property was FULLY RENOVATED AND UPDATED with OCCUPANCY starting 4/1/24 after renovations. Almost everything is 2 years old in this property. Each residential unit boasts a dishwasher, washer/dryer, gas heat, central air, stainless steel appliances, plank flooring, neutral paint and great storage. Additional areas in the building (attic and basement) that could offer more income from leasing storage spaces. Parking lot behind the building with 8 parking spots including handicap parking. Free on street parking surrounding the building on two streets as well. Gross annual income now $96,009. Cap Rate 6.46% Owner has a commercial 25 year loan for part of this purchase price that is assumable, ask the listing agent for more details. Positive cash flow even under leverage. This property looks gorgeous in photos and even better in person, LIKE NEW CONDITION - Class A Building impeccably maintained. Convenient to 378, Main St and all downtown Bethlehem has to offer for the lucky tenants. 5 separate water heaters, 6 electric services (1 House Meter), Separate HVAC each unit, One Water/Sewer Service to serve the property.

Listing Agent

Stephanie Salanik

(610) 360-3420 salaniksold@gmail.com Realty One Group Supreme License #AB068418 Listed on: 12/12/2025

Realty One Group Supreme

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,243

Year Built

  • Built in 1898 | Remodeled in 2024

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Stone Foundation
  • Poured Concrete
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Vinyl Clad Windows
  • Laminate Flooring
  • Unfinished Basement
  • Interior Basement Entry
  • Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Exterior Cameras
  • Surveillance System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 642728425561 001

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals, shop rentals
  • Insurance Expense $4,257
  • Maintenance Expense $3,132
  • Trash Expense $1,754
  • Operating Expense $15,962
  • Net Operating Income $64,546

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,243

Year Built

Built in 1898 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Appliances
  • New Construction: No
  • Year Built: 1898
  • Year Renovated: 2024
  • Building Winterized: No
  • Special Features: NewHome

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Stove, Refrigerator
  • Flooring Type: Laminate Plank
  • Interior Amenities: Attic, Sprinkler System
  • Window Features: Vinyl Clad
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Interior Access, Poured Concrete, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 6156
  • Living Area Sq Ft: 4356
  • Price Per Sq Ft: 229.57
  • Above Grade Finished Sq Ft: 4356
  • Above Grade Unfinished Sq Ft: 800
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Security: Carbon Monoxide Detector(s), Exterior Cameras, Fire Detection System, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: DSL

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.25
  • Lot Dimensions: 64.11 X 150.92 IRREG
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Condition: Excellent
  • Zoning: CI
  • Zoning Description: Mixed use commercial

Rental Info

  • Existing Lease Type: Gross, Double Net
  • Ground Rent Exists: No
  • Lease Considered: No
  • Owner Pays: Taxes - Real Estate, Insurance, Lawn/Shrub Care, Snow Removal, Water
  • Rent Control: No
  • Total Actual Rent: 92976.00
  • Units Leased Count: 5
  • Vacation Rental: No

Multi Family

  • Gross Income: 96009.00
  • Income Includes: Apartment Rentals, Shop Rentals
  • Operating Expense: 15962.00
  • Other Units: Unit 1,Unit 1,Unit 1,Unit 1

Tax Info

  • Tax Annual Amount: 11243.00
  • Assessor Parcel Number: 642728425561 001
  • Tax Year: 2025

MLS Schools

  • School District Name: BETHLEHEM AREA

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $10,983 $382,300 $83,600 $298,700
2024 $4,067 $143,200 $83,600 $59,600
2023 $4,031 $143,200 $83,600 $59,600
2022 $9,911 $346,400 $262,800 $83,600
2021 $9,865 $346,400 $83,600 $262,800
2020 $9,550 $346,400 $83,600 $262,800
2019 $9,620 $346,400 $83,600 $262,800
2018 $9,432 $346,400 $83,600 $262,800
2017 $9,013 $346,400 $83,600 $262,800
2016 -- $346,400 $83,600 $262,800
2015 -- $346,400 $83,600 $262,800
2014 -- $277,900 $83,600 $194,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 For Sale $999,999 -- $230 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $600,000 None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $618,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: PALH2014132

Bright MLS

APN: 642728425561-1