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715 East 7th Street

715 E 7th Street, Bethlehem, PA 18015

$1,600,000

DETAILS
1969

Built

11,360SF

Lot

13,728 SF

Total Area

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Jennifer de Jesus
Fully occupied 12 unit building in South Bethlehem!
The building consists of 6 - 1 BR apartments, 6 - 2BR apartments, on-site coin-operated laundry, additional storage area, security cameras, fire monitoring and a large parking lot for tenants. Tenants pay electric and the Landlord pays water, sewer and trash.

Many capital improvements have already been made!

Each lease is a yearly lease with an automatic 5% i
ncrease built in and an automatic 1 year renewal. All security deposits are in place.

This property has had superb cash flow over the years and still has some upside available. This would be an easy addition to your portfolio and is perfectly situated between the Casino and Lehigh University. If you are looking for 12 units under one roof, don't miss this one!

Great cash flow for this 12-unit property near Lehigh University and Bethlehem's Casino!

AMENITIES

Parking Lot
Security System
Additional Storage



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The neighborhood: Bethlehem

Vibrant historic city with a packed calendar of year-round events.