16 W North Street

Bethlehem, PA 18018

Two-Unit property located in N Bethlehem. UNIT 1: 1st fl w 1 bedrm/1 bath, living rm, kitchen, sunroom, access to private back yard. Unit 1 has access to dry basement with washer/dryer hookup. New carpet and new kitchen flooring installed after previous tenant moved out and vacant since then. UNIT 2: 2nd & 3rd floors w 4 bedrms, 1 bath, kitchen. Currently occupied w month to month tenant. Updated electric separated by units ( 2005); New oil tank ( 2012); Replacement windows ( 2004.) 1st fl living rm has water damage near window caused from down spouting issues occuring during heavy rains. Selling AS-IS. Seller in process of obtaining City C.O. with any corrections required being Buyer's responsibility. Using conservative current market value rents of Unit 1: $800/mo; Unit 2: $950/mo w Net Operating Income of $14,885 and N Bethlehem 7.5% cap rate this property is priced to sell!!