1070 Applebutter Road

Bethlehem, PA 18015

$624,000
Price
Beds
3,792 Sq. Ft.
$165 / Sq. Ft.
3,792
Sq. Ft.
$165
per Sq. Ft.

Description

20%+ CASH ON CASH RETURN
• 10 Bay Garage
• 3,792 SF auto repair shop, detailing, and garage facility
• Fully Leased! • Minimal owner involvement
• Building available for sale at 11.45%+ cap rate
• Convenient to/from I-78 and Routes 378, 22, & 33
20%+ CASH ON CASH RETURN
• 10 Bay Garage
• 3,792 SF auto repair shop, detailing, and garage facility
• Fully Leased! • Minimal owner involvement
• Building available for sale at 11.45%+ cap rate
• Convenient to/from I-78 and Routes 378, 22, & 33
  1. Listed by Matt Sprung • NAI Summit

Property Details for 1070 Applebutter Road

Area
Bethlehem-South
Sub division
Not in Development
LISTING UPDATED: 10/17/2024 09:44 AM

Property Details for 1070 Applebutter Road

StatusAvailable
MLS #745696
Days on Market55
Taxes$1,655 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Commercial
Year Built1959
Lot Size0.37 AC / 15,900 SF
CountyNorthampton County

Building Information for 1070 Applebutter Road

Stories1Residences10Year Built1959Building Size-Lot Size0.37 AC / 15,900 SF

Property Information for 1070 Applebutter Road

Summary
Location and General Information
  • Directions: I-78 Hellertown exit, TR onto Hellertown Rd. Follow to Shimerville Rd, TR. Follow to Applebutter, TR
  • School District: Bethlehem
Parking
  • Garage: Parking Lot
  • ParkingSpaces: 30
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $197.64
  • Lawn Snow Removal: $0
  • Maintenance Repair: $2,354
  • Management: 0
  • Municipal Taxes: $359.41
  • School Taxes: $1,097.82
  • Total Taxes: $1,654.87
Property
Lot Information
  • Acres: 0.365
  • APN: P7NE4A-3-1-0204
  • Lot Dimensions: 157.5' x 109.5'
  • Lot Size Source: Tax Records
  • Zoning Code: RR
Property and Assessments
  • County Assessment: $18,300.00
  • Property SubType Category: Commercial
  • Square Footage Source: Tax Records
  • Year Built Exception: Unknown
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Central AC
  • Electric: 0
  • Gas: $0
  • Sewer: Holding Tank
  • Water: Public
  • Water Sewer: 657
Interior and Exterior Features
Exterior Features
  • Construction: Frame, Other
Interior Features
  • Heat: $0
  • Heat Type: Electric
Multi Family
Multi-Family Information
  • Gross Income: $80,700.00
  • Insurance: $1,512
  • Net Income: $74,420.00
  • Operating Expense: $6,280
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 0
  • Total Units: 10

Property History for 1070 Applebutter Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1070 Applebutter Road

Taxable ValueLand$8,000Additions$10,300Total$18,300
Tax Record2024$1,618 ($135 / month)
Home Facts
Total Finished SqFt3,792 SqFtAbove Grade Finished SqFt3,792 SqFtStories1Lot Size15,900 SqFtStyleService StationYear Built1959ZoningRGCountyNORTHAMPTONAPNP7NE4A 3 1 0204

Schools near 1070 Applebutter Road

This home is within Bethlehem Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Freemansburg El School
PublicK to 5

East Hills Middle School
Public6 to 8

Freedom High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1070 Applebutter Road is a multi-family home for sale in Bethlehem, PA 18015. This property was listed for sale on September 23, 2024 by NAI Summit, it's currently listed at $624,000. It has been on the market for a total of 55 days and was last sold on November 21, 2019. This listing's school district is Bethlehem Area School District. Nearby schools include Freemansburg El School, East Hills Middle School and Freedom High School. 1070 Applebutter Road is a 0-bed, 0-bath, 3,792 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Summit

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.