917 Mechanic Street
Bethlehem City, PA 18015
- 2 beds
- 2 baths
- 1,536 sqft
- 1,089 sqft lot
- $115 per sqft
- 1900 build
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Calling all investors. Established, well-maintained 2-unit property with long-term tenants and excellent payment history. Property is located in the sought-after South Bethlehem (Northamption County) within walking distance to the Casino, outlet shopping and premium restaurants. It is also located close to the South Side development zone with tons of new development and thriving businesses centered around the famous Steel Stack. The property has 2 one-bedroom units. All utility is separated. Tenant pays all utilities except water, sewer and taxes. All units have long term tenants. Main roof installed in 2022.Unit 1 lease is month-to-month. Unit 2's kitchen counter, since faucet, and bathroom faucet was replaced in Q1 of 2023. Bedroom and living rooms are freshly painted. The building has an updated 200Am electrical system with low maintenance electrical heat. Current rent for all units are below market due to rapid rent increase in the area. Cap rate over 10%. Selling as is.
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Last updated Apr 17, 2024
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MLS# 716538 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
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Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
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Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/3/24
Jan 3, 2024
|
Sold | GLVR | $177,000 | -1.1% |
|
4/28/23
Apr 28, 2023
|
Listed / Active | GLVR | $179,000 |