Movoto Real Estate
Sold on 01/31/2025

57 E Garrison St, Bethlehem, PA 18018

  • $1,200,000

    Last sold 01/31/2025 after 65 Days

  • 12

    bed

  • 6

    bath

  • 4,089

    Sqft ($293/Sqft)

House not for sale
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About 57 E Garrison St

Property type House
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 1,984 Sqft
Property description
**Key Features of the Property** 1. **Prime Location**: - Situated in highly desirable North Bethlehem. - Walking distance to the historic district and downtown amenities, including shops, restaurants, and nightlife. - Attractive for tenants seeking convenience and city-style living. 2. **Unique Layout**: - Four separate addresses under one deed, offering tenants more privacy and less of a traditional apartment feel. - Features two decks with city views, adding outdoor living space for tenants. 3. **Strong Financials**: - Fully leased with tenants paying top market rent. - Stable cash flow due to high demand and qualified tenants. - Low taxes (approximately $5,000 annually) help maximize profit margins. 4. **Low Maintenance**: - Equipped with high-efficiency single-unit heaters and a gas backup hot water furnace, reducing utility and maintenance costs. - Turn-key property requiring minimal capital expenditures for the new owner. 5. **Additional Revenue Potential**: - Newly installed laundry room provides an opportunity for adding coin-operated machines to generate supplemental income. 6. **Ready for Sale**: - Can be conveyed with a clear Certificate of Occupancy with a competitive offer, ensuring a hassle-free transaction.
Listed by
Listing Agent - Frank J. Renaldi, Jr.
Listing Office - CENTURY 21 Pinnacle
Source: GLVR MLS mls logo
MLS#749221 • last updated 1 year ago
Movoto checked GLVR MLS for data 5 minutes ago
Overview
Cooling/AC Wall/Window Unit(s)
Heating Electric, Gas, HotWater
Levels/Style 3, 3
SubType Detached
MLS # 749221
Status Closed
Living Area 4089
Lot Size (SqFt) 1984
Property Tax 5000.78
Year Built 1900
Condition Unknown
Interior
Total # of Bathrooms 6
# of Full Baths 6
Total # of Bedrooms 12
Exterior
Construction Aluminum Siding
Parking No Garage
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
County Northampton
Subdivision Not In Development
APN P6NE1A 22 11 204
Multifamily Details
Total # of Units 6
Operating Expense 23876
Gross Income 114200
We are not permitted to show value estimates for this property.
  • Jan 2025
    mls logo MLS # 749221
  • Jan 31, 2025 Sold
    $1,200,000 (-4.0%)
  • Nov 27, 2024 Listed
    $1,250,000 (-3.8%)
  • Jan 2023
    mls logo MLS # 698550
  • Jan 31, 2023 Price Change
    $1,299,000 (-3.7%)
  • Oct 25, 2022 Price Change
    $1,349,000 (-10.0%)
  • Aug 16, 2022 Available
    $1,499,000
  • 57 E Garrison St
    $1.2M
  • Elm Street District
  • 18018
    $300K +1% y/y
  • Bethlehem
    $395K -16% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 57 E Garrison St
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