61 Garrison Street
Bethlehem, PA 18018

Est. Mortgage: $890/mo
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  • 2
  • 2
  • 1,299
Multi-Family Home

Turn-key investment property in great location with two 1-bedroom apartments and a 2-car garage! This gem is located right off Center Street, a few short blocks from Historic Bethlehem. Since 2008, the owners have completed significant improvements including new siding, insulated, double-hung windows, gas boiler, and h/w heater. Apt 1 was renovated in July 2018 and features a new kitchen w/white shaker cabinets, granite counters, and vinyl flooring, updated bathroom with white subway tile shower surround, new carpeting in LR, BR, and hallway, and fresh paint throughout. Apt 2 was completely renovated in 2009 with a new kitchen, bathroom, and refinished HW floors. The heat is dual-zone for ease of use between tenants while also providing possibility to separate the heat. Total rent is $21,900/yr. The garages have a long-term tenant and are currently below market, $65/garage, so there is opportunity to increase your cash flow. The listing agent has an equitable interest in the property.

Property Details
  • Bethlehem
    school district
  • $3,395.74
  • 1900
  • 2
  • 589966
Washer/dryer hookup
Baseboard heat
Hot water heat
Wall to wall carpeting
School district: Bethlehem
Vinyl siding
Shingle exterior
Frame exterior
Lot acreage is: 0.070
Lot zoned: RT
Public sewer
Public water
Units in building(s): 2
Total square feet: 1299
Courtesy of:
Howard Hanna The Frederick Group

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Name Type GreatSchools
William Penn El School Elementary School / Public 3 0.37 mi.
Northeast Middle School Middle School / Public 5 0.8 mi.
Liberty High School High School / Public 4 0.41 mi.
Gateway School Of Lehigh Valley * Middle School, High School / Private N/A 0.34 mi.
Moravian Academy Middle School * Middle School / Private N/A 0.3 mi.
Moravian Academy Middle School * Middle School / Private N/A 0.32 mi.
Address Distance Sale date Sale price
58 Garrison Street 0.03 mi. 5/11/2018 $168,000
631 Center Street 0.09 mi. 5/10/2018 $185,000
702 Maple Street 0.39 mi. 9/6/2017 $153,000
117 Frankford Street 0.43 mi. 9/27/2017 $145,000
1033 Main Street 0.43 mi. 8/29/2017 $142,000
406 Linden Street 0.49 mi. 4/21/2017 $149,000
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{"markerType": "Sold", "lat": "40.62411", "lng": "-75.37621", "Address": "58 Garrison Street", "City": "Bethlehem", "StateProv": "PA", "ZipCode": "18018"}
{"markerType": "Sold", "lat": "40.62326", "lng": "-75.37569", "Address": "631 Center Street", "City": "Bethlehem", "StateProv": "PA", "ZipCode": "18017"}
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{"markerType": "Sold", "lat": "40.62831", "lng": "-75.38242", "Address": "117 Frankford Street", "City": "Bethlehem", "StateProv": "PA", "ZipCode": "18018"}
{"markerType": "Sold", "lat": "40.62871", "lng": "-75.38208", "Address": "1033 Main Street", "City": "Bethlehem", "StateProv": "PA", "ZipCode": "18018"}
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The approximate monthly principal & interest payment for this property would be $889.67.

This payment is based on a 30-year loan at a fixed rate of 4.625 % - APR 4.732 % with a down payment of $8,995. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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61 Garrison Street, Bethlehem, PA 18018 is a 2 bedroom, 2 bath multi-family home offered for sale at $179,900.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of GLVR MLS. Real estate listings held by brokerage firms other than The Frederick Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright © 2018 Greater Lehigh Valley REALTORS® All Rights Reserved.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.