5 UNIT TURNKEY INVESTMENT offered 100% OCCUPIED! This property will grow in equity and rent roll over the years giving the owner peace of mind adding a key asset to their portfolio. 4 Residential units all featuring 1 Bedroom, 1 Bathroom and a 1st floor handicap accessible Commercial Rental. This property was FULLY RENOVATED AND UPDATED with OCCUPANCY starting 4/1/24 after renovations. Almost everything is 2 years old in this property. Each residential unit boasts a dishwasher, washer/dryer, gas heat, central air, stainless steel appliances, plank flooring, neutral paint and great storage. Additional areas in the building (attic and basement) that could offer more income from leasing storage spaces. Parking lot behind the building with 8 parking spots including handicap parking. Free on street parking surrounding the building on two streets as well. Gross annual income now $96,009. Cap Rate 6.46% Owner has a commercial 25 year loan for part of this purchase price that is assumable, ask the listing agent for more details. Positive cash flow even under leverage. This property looks gorgeous in photos and even better in person, LIKE NEW CONDITION - Class A Building impeccably maintained. Convenient to 378, Main St and all downtown Bethlehem has to offer for the lucky tenants. 5 separate water heaters, 6 electric services (1 House Meter), Separate HVAC each unit, One Water/Sewer Service to serve the property.
The income description goes here to explain
| List Price | $999,999 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 4,356 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1898 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 642728425561 001 |
| MLS # | PALH2014132 |
| Property ID | 322448996 |
| Lot Sqft | 10,890 |
| Zoning | CI |
| Total Units | 4 |
| Days on Market | 8 |
| Original List Price | Unknown |
| Applicances | Built-In Microwave,Dishwasher,Washer/Dryer Stacked,Stove,Refrigerator% |
| Date Updated | December 13, 2025 |
| Date Created | December 11, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $92,976 | $0 |
| Net Income (Yr) | $ 64,546 |
| Cap Rate | 6.46% |
Stephanie M Salanik an agent of . Lic #AB068418
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT