Property
Beds
20
Full Baths
None
1/2 Baths
None
Year Built
1997
Sq.Footage
7,832
100% occupied Lehigh University Student Housing complex 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
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Kitchen Island, Open Floorplan
-
Total Bedrooms
20
-
Bathrooms
N/A
-
Above Grade Finished Area
7832.0
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding, Aluminum Siding
-
Other Exterior Features
Lighting
-
Parking
Asphalt, Off Street, Assigned, Driveway
-
Patio and Porch Features
Deck, Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.26
-
Lot Size(square feet)
11,520
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Colonial
Price
-
Sales Price
$1,400,000
-
Tax Amount
$16,868
-
Financing Options
Cash, Other
-
Sq. Footage
7,832
-
Price/SqFt
$178
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
P6SW3B
-
Water Source
Public
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Location
County
NORTHAMPTON
Elementary School
Middle School
High School
Listing Courtesy of Joseph E Hawkins , Hawkins Real Estate Company
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AGENT
Chris Bollman
Call Chris today to schedule a private showing.
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