57 E Garrison ST Bethlehem, PA 18018

Multi-Family Home MLS #: 749221 Listed By CENTURY 21 Pinnacle

$1,250,000

12 beds
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Estimated monthly payments: $5,464/mo.* (recalculate)
HSM (1 of 126)

Property InformationDescription

**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.
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Features

  • Age: Over 50 Years Old
  • Heating - Fuel Type: Electric, Gas
  • Sewer: Public
  • Style: Other Style
  • Water: City Water

MAP & DIRECTIONS

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57 E Garrison ST, Bethlehem, PA 18018
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School Information

57 E Garrison ST, Bethlehem, PA 18018

Elementary School
Grades KG-5 | Public School
WILLIAM PENN ELEMENTARY SCHOOL
Bethlehem, PA 18018
1002 Main St
610.­694.0116
Distance: 0.4 mi
School Rating
C-
Student:Teacher Ratio
11:1
Total Students
200
Middle School
Grades 6-8 | Public School
NORTHEAST MIDDLE SCHOOL
Bethlehem, PA 18018
1170 Fernwood St
610.­868.8581
Distance: 0.8 mi
School Rating
D+
Student:Teacher Ratio
12:1
Total Students
723
High School
Grades 9-12 | Public School
LIBERTY HIGH SCHOOL
Bethlehem, PA 18018
1115 Linden St
610.­691.7200
Distance: 0.4 mi
School Rating
D-
Student:Teacher Ratio
18:1
Total Students
2663
Other Nearby Schools Distance Type Grades School Rating
Moravian Academy Middle School 0.3 mi Private 6-8
Thomas Jefferson Elementary School 0.4 mi Public KG-5 D+
A Child's Choice Montessori School 0.7 mi Private PK-TKG
Lehigh Valley Dual Language Charter School 0.8 mi Public KG-8 C+
St Anne School 0.8 mi Private KG-8
Lehigh Valley Charter High School For Th 0.8 mi Public 9-12 B+
Broughal Middle School 1.1 mi Public 6-8 D+
Nitschmann Middle School 1.1 mi Public 6-8 C-
Holy Infancy School 1.1 mi Private PK-8
Calypso Elementary School 1.2 mi Public PK-5 C
Donegan Elementary School 1.3 mi Public PK-5 D-
St Nicholas Greek Orthodox Academy 1.5 mi Private PK-TKG
St Nicholas Greek Orthodox Academy 1.5 mi Private PK-KG
Lincoln Elementary School 1.6 mi Public KG-5 D+
Covenant Christian Academy Of The Lehigh Valley 1.7 mi Private KG-8
Marvine Elementary School 1.8 mi Public PK-5 D-
Spring Garden Elementary School 1.8 mi Public KG-5 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Bethlehem, PA 18018

Median Age: 39.2
Married: 34%
Number of Households: 14,392
Households with Children: 21.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home