532 Fiot Street

Bethlehem, PA 18015

Calling all investors. Established, well-maintained 3-unit property with long-term tenants and excellent payment history. Property is located in the sought-after borough of Fountail Hill, only blocks away from St. Lukes Bethlehem campus with lots of health care professionals. The property has been meticulously maintained and passed borough inspection in 2021. The property has a 1 one-bedroom unit and 2 two-bedroom units and a newer construction of 3-car detached garages. All utility is separated. Tenant pays all utilities except water, sewer and taxes. Unit 3 is freshly painted with wall storage unit installed. New hot water heater is installed in unit 1 in January 2023. New flooring installed in bathroom. Owner put in over $30000 of improvement over the last 5 years. The building has updated 200Am electrical system with low maintenance electrical heat. All three units and garages have long term tenants who intend to stay. Cap rate over 10%. Selling as is.

This is an Active listing.

Broker Office Phone Number: 855-885-4663

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