South Side 7-Unit Investment

737 E 7th St Bethlehem, PA 18015

737 E 7th St, Bethlehem, PA, 18015
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$995,000
Last Verified:
Nov 20, 2024

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Highlights

  • Prime Location: Just blocks away from Lehigh University, Wind Creek Casino, and historic attractions.
  • Desirable Views: Each unit offers beautiful vistas of the Steel Stacks, enhancing tenant appeal.
  • 7 Units: All 2 bed, 1 bath configurations.
  • Renovated Interiors: Most units updated with new flooring and kitchens.
  • Individual Utilities: Each unit has separate electric, hot water heaters, and boilers.

Description

The Daniel Perich Group of KW Commercial Real Estate is pleased to present this exclusive investment opportunity: a 7-unit apartment building near Lehigh University. This property offers a significant potential for rent growth, with current rates well below the market average for the area. Each unit features two bedrooms and one bathroom, with the majority having undergone recent renovations including new flooring and updated kitchens with modern cabinets and vanities.

Situated in the vibrant South Side, the building boasts proximity to Lehigh University, the historic Steel Stacks, and Wind Creek Casino, making it an attractive location for potential renters. Each apartment provides stunning views of the Steel Stacks from the rear, adding to the allure and competitiveness of the property in the rental market.


Year Built: 1900
Building Size: 5202sq ft
Building Class: B
Lot Size: 0.26 acres


Documents

Sale Brochure - 737 E 7th St

Map of 737 E 7th St, Bethlehem, PA, 18015

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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