Movoto Real Estate
Sold on 02/25/2021

715 E 7th St, Bethlehem, PA 18015

  • $2,191,000

    Last sold 02/25/2021 for $1.5M

  • 18

    bed

  • 12

    bath

  • 13,728

    Sqft ($109/Sqft)

Condominium not for sale
Movoto is helping 56 homebuyers near you

About 715 E 7th St

Property type Condominium
Year built 1969
HOA fee $0/month
Lot size 0.26 Acre
Movoto estimate
Property description
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% increase 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!
Listed by
Listing Agent - Jennifer L. DeJesus
Listing Office - Steel City Realty
Source: GLVR MLS mls logo
MLS#653863 • last updated 4 years ago
Movoto checked GLVR MLS for data 28 minutes ago
Overview
Cooling/AC None
Heating Baseboard, Electric, Gas
SubType Apartment
Virtual Tour N/A
MLS # 653863
Status Closed
Living Area 13728
Lot Size (SqFt) 11360
Property Tax 10035.07
Year Built 1969
Interior
Total # of Bathrooms 12
# of Full Baths 12
Total # of Bedrooms 18
Exterior
Construction Brick
Parking Paved, ParkingLot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
County Northampton
Subdivision Not In Development
APN P6SE2D 13 17 204
Directions Merge Onto PA-378 S. Slight Left Onto 2nd St Ramp. Turn Left Onto W Packer Ave. Turn Right Onto Fillmore St. Turn Left Onto Hillside Ave. Turn Left Onto Jefferson St. Slight Right Onto E 7th St. Destination Will Be On The Left
Multifamily Details
Total # of Units 12
Operating Expense 21805
Gross Income 127860
$2.19M
Range: $1.9M-$2.47M
Last 30 days 
  • Feb 2021
    mls logo MLS # 653863
  • Feb 25, 2021 Sold & Settled
    $1,500,000 (-6.3%)
  • Nov 9, 2020 Available
    $1,600,000 (+122.2%)
  • Dec 2013
    mls logo MLS # 461593
  • Dec 30, 2013 Sold
    $720,000 (-7.7%)
  • Nov 1, 2013 Listed
    $780,000
  • 715 E 7th St
    $1.5M
  • $300K
  • 18015
    $349K -46% y/y
  • Bethlehem
    $387K -20% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

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  • Skip staging and repairs
  • No strings attached
2/10
Donegan El School
public Grades PK, K-5
Bethlehem Area School District
3/10
Broughal Middle School
public Grades 6-8
Bethlehem Area School District
3/10
Freedom High School
public Grades 9-12
Bethlehem Area School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • PA
  • Northampton County
  • Bethlehem
  • 18015
  • 715 E 7th St
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