Description
This offering is a portfolio of 6 residential rental properties; 5 located in Bethlehem, PA, and 1 located in Carbon County, PA. There are a total of 12 residential units, and 5 garage units. 11 of 12 units are strategically located in the South side of Bethlehem - home to 2 universities, a casino, arts and cultural centers and in the center of a 43+billion dollar GDP region growing by leaps and bounds. With new development marching into this geographically bound area this portfolio represents an opportunity to dramatically increase your net income. As a stabilized portfolio performing at an 7.4% capitalization rate you can choose to reposition this portfolio over the long term or immediately. Properties for sale include: 414 Pawnee St, Bethlehem, PA 18015;709 Itaska St, Bethlehem, PA 18015; 629 Itaska St, Bethlehem, PA 18015; 625 Itaska St, Bethlehem, PA 18015; 623 Itaska St, Bethlehem, PA 18015; 224 E. Snyder Ave, Lansford, PA 18232
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0BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
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8,472SQFT
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$152$/SQFT
Description
This offering is a portfolio of 6 residential rental properties; 5 located in Bethlehem, PA, and 1 located in Carbon County, PA. There are a total of 12 residential units, and 5 garage units. 11 of 12 units are strategically located in the South side of Bethlehem - home to 2 universities, a casino, arts and cultural centers and in the center of a 43+billion dollar GDP region growing by leaps and bounds. With new development marching into this geographically bound area this portfolio represents an opportunity to dramatically increase your net income. As a stabilized portfolio performing at an 7.4% capitalization rate you can choose to reposition this portfolio over the long term or immediately. Properties for sale include: 414 Pawnee St, Bethlehem, PA 18015;709 Itaska St, Bethlehem, PA 18015; 629 Itaska St, Bethlehem, PA 18015; 625 Itaska St, Bethlehem, PA 18015; 623 Itaska St, Bethlehem, PA 18015; 224 E. Snyder Ave, Lansford, PA 18232
Listings displayed are not necessarily the listings of the provider. The data relating to real estate for sale or lease on this web site comes in part from Pocono Mountains Association of REALTORS®. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX of the Poconos. Data last updated 2021-01-16T18:13:07.76.