737 East 7th Street

Bethlehem, PA 18015

$995,000
Price
14
Beds
7
Baths
5,202 Sq. Ft.
$191 / Sq. Ft.
5,202
Sq. Ft.
$191
per Sq. Ft.

Description

Discover this high-potential 7-unit apartment building in South Side, close to Lehigh University. Featuring spacious 2-bedroom units, most of which are newly renovated, this property promises minimal capital expenditure with a substantial upside in rent growth. Each apartment enjoys scenic views of the Steel Stacks, with individual utilities for added convenience. Ideal for investors seeking a property with strong growth potential in a sought-after location.Discover this high-potential 7-unit apartment building in South Side, close to Lehigh University. Featuring spacious 2-bedroom units, most of which are newly renovated, this property promises minimal capital expenditure with a substantial upside in rent growth. Each apartment enjoys scenic views of the Steel Stacks, with individual utilities for added convenience. Ideal for investors seeking a property with strong growth potential in a sought-after location.
  1. Listed by Robert A. Velez • KW Commercial - Stroudsburg

Property Details for 737 East 7th Street

Area
Bethlehem-South
Sub division
Not in Development
LISTING UPDATED: 11/20/2024 10:23 AM

Property Details for 737 East 7th Street

StatusAvailable
MLS #748567
Days on Market9
Taxes$3,138 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1900
CountyNorthampton County

Building Information for 737 East 7th Street

Building/Complex737 E 7th StFloor-Stories3Residences7Pet Policy-Year Built1900Building Size-

Property Information for 737 East 7th Street

Summary
Location and General Information
  • Directions: From E 3rd Street turn onto Hayes St and drive up to 7th and turn right. Second building in from the corner of Atlantic and E 7th
  • School District: Bethlehem
Parking
  • Garage: None
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $374.76
  • Lawn Snow Removal: $777
  • Maintenance Repair: $4,617
  • Management: 0
  • Municipal Taxes: $681.51
  • School Taxes: $2,081.65
  • Total Taxes: $3,137.92
Property
Lot Information
  • Acres: 0.257
  • APN: P6SE2D 13 11 0204
  • Lot Size Source: Tax Records
  • Zoning Code: RM-RESIDENTIAL
Property and Assessments
  • County Assessment: $34,700.00
  • Property SubType Category: Apartment Style
  • Square Footage Source: Tax Records
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Window ACs
  • Electric: 928
  • Gas: $358
  • Sewer: Public
  • Water: Public
  • Water Sewer: 1318
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Heat: $0
  • Heat Type: Gas
Multi Family
Multi-Family Information
  • Gross Income: $92,340.00
  • Insurance: $2,705
  • Net Income: $74,173.00
  • Operating Expense: $18,167
  • Other Expenses: $7,105
  • Trash Removal: 359
  • Total Unit Count: 7
  • Total Units: 7

Property History for 737 East 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 737 East 7th Street

Taxable ValueLand$11,400Additions$23,300Total$34,700
Tax Record2024$3,067 ($256 / month)
Home Facts
Baths3Total Finished SqFt2,601 SqFtAbove Grade Finished SqFt2,601 SqFtStories3Lot Size5,600 SqFtStyleQuadraplexYear Built1900ZoningRMCountyNORTHAMPTONAPNP6SE2D 13 11 0204

Schools near 737 East 7th Street

This home is within Bethlehem Area School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Donegan El School
PublicPK to 5

Broughal Middle School
Public6 to 8

Freedom High School
Public9 to 12

Concordia Lutheran Church & School
PrivatePK to 8

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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737 East 7th Street is a multi-family home for sale in Bethlehem, PA 18015. This property was listed for sale on November 14, 2024 by KW Commercial - Stroudsburg, it's currently listed at $995,000. It has been on the market for a total of 9 days and was last sold on September 2, 2021. This listing's school district is Bethlehem Area School District. Nearby schools include Donegan El School, Broughal Middle School and Freedom High School. 737 East 7th Street is a 14-bed, 7-bath, 5,202 sqft multi-family home built in 1900.

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 KW Commercial - Stroudsburg

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.