1039 Mechanic Street Allentown, PA $ 1,475,000
1039 Mechanic Street
$ 1,475,000
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1039 Mechanic Street

Allentown, PA, 18105
$ 1,475,000
Bedrooms15 Baths9.0

Monthly Estimate*

$ 9,803

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Multi-Family Home for sale in Allentown, PA

for $1,475,000 with 15 bedrooms and 9 full baths. This home was built in 1900.

Opportunity knocks for the investor looking for an owner friendly property with all major systems updated. Strategically located in Southside Bethlehem with easy access to all major routes. Just some of the attractions are the Steel Stacks offering many forms of entertainment, shopping and a multitude of Restaurants. These apartments appeal to the general public, students and young professionals. All tenants pay all utility. Convenience and extra income with coin op laundry and an updated rear patio offer tenants an outdoor retreat and many other possibilities. The common area is remodeled. The buildings' cast iron waste lines have been replaced. The outside of the building is virtually maintenance free. Seller is offering a clear Certificate of Occupancy from the City of Bethlehem. A purpose built 9 unit solid brick building. Upside potential with increasing rents to market value. This would be a great property to add to your portfolio.

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Multi-Family Active

Price

$ 1,475,000

Bedrooms

15

Full Bath

9

Property Type

Multi-Family

Taxes

$ 7,197

Style

Apartment Style,Detached

Year Built

1900

Town/City

Allentown

County/Region

Lehigh

MLS | Web ID

727857

Features
General
Sewer Public
Construction Aluminum Brick
Cooling Ceiling Fans Window ACs
Parking None
Water Public
Gas Y/N 0
Water/Sewer 5125
Electric 1500
Subdivision Not in Development
Parking Spaces 0
County Northampton
Zoning Code RM
School District Bethlehem
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Interior
Heating 0
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* Excluded Features
List By
Roy Sjolund

Listing Agent

Realty One Group Supreme

Broker

roy.sjolund@foxroach.com

Email

Affordability Calculator

$10,403
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,803
Monthly Property Taxes
$600
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266679 Elementary School
266639 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2023$1,475,000 Listed Price

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1039 Mechanic Street, Allentown, PA, 18105 is a Multi-Family Home for sale at $1,475,000. 1039 Mechanic Street has 15 bedrooms, 9.0 baths, and was built in 1900. The property's zip code is 18105 which is in Allentown, PA