S. Bethlehem Investment

Real Estate Auction
10am Saturday, September 18th
516 E. 4th Street, Bethlehem, Pa 18015-1885

Attractive 5000SF Brick Multi-Use... MONEY MAKER!!!
Retail/Store Front * Rooming House * Off Street Parking * Garage

First floor is occupied by a barber shop. The barber shop has 3 1/2 years remaining on a 5 year lease, rent is $875 a month. First floor offers barber shop area, living room/office, full kitchen and 1 1/2 baths.

Upstairs the rooming house offers 5 individual rooms, 2 full baths and a full kitchen.  All rooms are rented.

Room A $110 a week (same tenant 3years).
Room B $115 a week (same tenant 1 1/2 years).
Room C $ 305 a month (same tenant 8 years).
Room D $ 85 a week (same tenant 10 years).
Room E $ 135 a week (3 months) has whole 3rd floor.

NOTE: All tenants have an electronic card key for access to the property, if a tenant does not pay you rent, you can disable their card key.  It’s that’s easy.

Open House:  9:15am Auction Day!

Approximate Operating Expenses: Taxes $3,053, maintenance/repair $1600, electric $1500, heat $ 2,200, gas $600, trash removal, $768, water & sewer & recycling $1250.  Estimated total expences $11,015.00.

Classification Commercial, Land Use Retail,mixed:retail / apartment or office.

Northampton County, Bethlehem City, 5040 total sq. ft., built 1922,

All potential buyers are invited to view and inspect the property during the published open house dates.

All auctions are held on-site rain or shine. Auction Day Phone # 610-428-7075.

Summary of Terms & Conditions: 10% deposit day of sale by personal check, settlement within 45 days.  Full terms & conditions available at the open house preview. 

Note: The owner/seller of this property is moving and chosen to market this property at auction to quicken the selling process. 

LEGAL NOTICE AND DISCLAIMER: The information contained in this web site is deemed to be reliable, but is not guaranteed. You should independently verify the information regarding the real estate that interests you. Neither the Seller nor Tom Hall Auctions, Inc. shall be responsible for any errors, misinformation, misprints or other mistakes. This information is subject to change without notice.