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3211 Farmersville Road

BETHLEHEM, PA 18020
  • $3,100,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: PANH2003102
UPDATED: 77 min ago
$3,100,000
  • 0
    BEDS
  • 5.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1982
County:

School Ratings & Info

School District:

Description

THIS IS A REMARKABLE OPPORTUNITY TO AQUIRE AN APARTMENT COMPLEX THAT HAS 15 UNITS LOCATED IN 5 SEPARATE BUILDINGS LOCATED IN CONJUNCTION TO EACH OTHER ON TWO SEPARATE PARCELS. THESE UNITS ARE LOCATED IN COVETED BETHLEHEM TOWNSHIP WHICH IS IN THE HEART OF THE THRIVING LEHIGH VALLEY THAT IS CURRENTLY IN THE TOP 5 IN THE NATION FOR ECONOMIC GROWTH. THERE ARE 12 THREE BEDROOM ONE AND A HALF BATH UNITS AND 3 ONE BEDROOM SINGLE BATH UNITS. 10 OF THE THREE BEDROOM UNITS AND 2 OF THE ONE BEDROOM UNITS HAVE BEEN RECENTLY UPDATED. 4 NEW DRIVEWAY/PARKING AREAS HAVE BEEN INSTALLED. 2 BUILDINGS HAVE NEW VINYL, SOFFIT & GUTTERS. LANDLORD PAYS WATER , SEWER & TRASH. TENANTS PAY ALL OTHER UTILITIES. THIS SITE AFFORDS FANTASTIC ACCESS TO ALL MAJOR HIGHWAYS IN THE AREA SUCH AS 22, 78, 33, 248, 611 ETC. WITH EASY ACCESS TO NJ AND MANY SHOPPING AND EATERY LOCATIONS. THIS COMPLEX IS 100% LEASED OUT AND CAN EASILY ATTAIN HIGHER RENTS PER UNIT. INCOME AND EXPENSE SHEET AVAILABLE UPON REQUEST TO QUALIFIED APPLICANTS

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-08T06:55:40.83.
www.execuhome.com/homes/134165625
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3211 Farmersville Road BETHLEHEM, PA 18020

  • Price: $3,100,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 77 min ago
  • ID#: PANH2003102
0
Beds
0
Baths
0
½ Baths
5.47
Acres
1982
Built
Neighborhood:
Bethlehem Twp (12405)
County:
Northampton
Area:
Bethlehem Twp (12405)
School District:
Bethlehem Area
Property Description
THIS IS A REMARKABLE OPPORTUNITY TO AQUIRE AN APARTMENT COMPLEX THAT HAS 15 UNITS LOCATED IN 5 SEPARATE BUILDINGS LOCATED IN CONJUNCTION TO EACH OTHER ON TWO SEPARATE PARCELS. THESE UNITS ARE LOCATED IN COVETED BETHLEHEM TOWNSHIP WHICH IS IN THE HEART OF THE THRIVING LEHIGH VALLEY THAT IS CURRENTLY IN THE TOP 5 IN THE NATION FOR ECONOMIC GROWTH. THERE ARE 12 THREE BEDROOM ONE AND A HALF BATH UNITS AND 3 ONE BEDROOM SINGLE BATH UNITS. 10 OF THE THREE BEDROOM UNITS AND 2 OF THE ONE BEDROOM UNITS HAVE BEEN RECENTLY UPDATED. 4 NEW DRIVEWAY/PARKING AREAS HAVE BEEN INSTALLED. 2 BUILDINGS HAVE NEW VINYL, SOFFIT & GUTTERS. LANDLORD PAYS WATER , SEWER & TRASH. TENANTS PAY ALL OTHER UTILITIES. THIS SITE AFFORDS FANTASTIC ACCESS TO ALL MAJOR HIGHWAYS IN THE AREA SUCH AS 22, 78, 33, 248, 611 ETC. WITH EASY ACCESS TO NJ AND MANY SHOPPING AND EATERY LOCATIONS. THIS COMPLEX IS 100% LEASED OUT AND CAN EASILY ATTAIN HIGHER RENTS PER UNIT. INCOME AND EXPENSE SHEET AVAILABLE UPON REQUEST TO QUALIFIED APPLICANTS
Exterior Features

Construction Materials MixedBrickFrameMasonry Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Wall UnitWindow Unit(S) Heating Baseboard - Electric Heating YN Yes Net Square Feet 15752.00

Property Features

Acceptable Financing CashConventional Accessibility Features Other Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Lease Considered YN No Municipality Bethlehem Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801965002152 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 14035.00 Tax Assessment Amount 182300.00 Tax Lot M7se2 Vacation Rental YN No Water Source Public Zoning Mdr

Listing courtesy of Paranee Property Management, Llc: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-08T06:55:40.83.
 
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