528 N New St - Apartments FOR SALE
Bethlehem, PA 18018 |
528 N New St
Bethlehem, PA 18018
HIGHLIGHTS
- Conversion from Office to Apartments: Property Repurposed with New Plumbing, Electrical, and HVAC
- Opportunity to Increase Rents: In-Place Rents are 15% - 20% Below Market with No CapEx Required to Achieve Rental Increase
- Excellent Location: Situated in Highly Sought-After Historic District of Downtown Bethlehem
- Well Constructed: Double Wall Construction and Suspended 5/8” Drywall Ceilings Throughout for Sound Rating
- Premium Finishes: Custom Cabinetry, Granite Countertops, Wood Plank Flooring, and Stainless Steel Appliances
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Dodson Building Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
29890
STORIES
4
YEAR BUILT
1915
PARKING SPACES
18
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
P6NE1D-15-5-0204
