2 months on rocket

1039 Mechanic St, Bethlehem City, PA, 18015

$1,465,000

Home List Price

$10,000*

Closing Credit

0 Baths
12,480 SqFt
$117/SqFt
Condo

Location

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1039 Mechanic St, Bethlehem$1,465,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1900
HeatingBaseboard, Electric
CoolingCeiling Fan(s)
MLS #745379
Lot Size0.10 Acres
StatusActive

About 1039 Mechanic St

Opportunity knocks for the investor looking for an owner friendly property with all major systems updated. Six 2 brm and 3 one bdrm apartment's. Strategically located in Southside Bethlehem with easy access to all major routes. Just some of the attractions are the Steel Stacks offering many forms of entertainment, shopping and a multitude of Restaurants. These apartments appeal to the general public, students and young professionals. All tenants pay all utility. All unit are updated and very clean. Convenience and extra income with coin op laundry on site and an updated rear patio offer tenants an outdoor retreat and many other possibilities. The common area is also remodeled. The buildings' old cast iron waste lines have been replaced. The outside of the building is virtually maintenance free. Seller is offering a clear Certificate of Occupancy from the City of Bethlehem. A purpose built 9 unit solid brick building. Upside potential with increasing rents to market value. This would be a great property to add to your portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 12,480 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach Bethlehem
  • Office Phone: (610) 865-0033

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: 4th st to Hill st to Mechanic st

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,465,000
  • Price Per SqFt: $117/SqFt
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Housing Market Comparison

See how this home compares to others in Bethlehem, PA.

Med. Sold Price

$330.1K

Med. Price/SqFt

$188

Avg. Days On Market

19

# of Sold Homes

107

1039 Mechanic St vs Bethlehem

61 DAYS ON ROCKET

+42 Days

$1,465,000

+$1.1M More

$117/SqFt

-$71 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $71/SqFt less than other homes in Bethlehem, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #745379

Listing Office:

  • Office Name: BHHS Fox & Roach Bethlehem
  • Office Phone: (610) 865-0033

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,379

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,459

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-504520
2
/10
  • Donegan Elementary School

  • 1210 E 4th St

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-504521
3
/10
  • Thomas Jefferson Elementary School

  • 404 E North St

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-504522
4
/10
  • William Penn Elementary School

  • 1002 Main St

  • 1.49 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,116. Typical income of Bethlehem, PA residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1039 Mechanic St

What is the listing price of this property?

The listing price of 1039 Mechanic St property is $1,465,000.

What type of property is this?

The property 1039 Mechanic St is a condo located in Bethlehem City, Pennsylvania, 18015.

Is this property for sale now?

Active Listing: 1039 Mechanic St is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 1039 Mechanic St is 12,480 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1039 Mechanic St is 1900.

Rocket HomesPennsylvaniaNorthampton CountyBethlehem180151039 Mechanic St

This home is located at 1039 Mechanic St in Bethlehem City, PA and zip code 18015. This 12,480 square foot home, which was built in 1900, sits on a 0.10 acre lot. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $1,465,000.

Over 52 listings were sold over their listed price in October 2024 in Bethlehem, PA. In the same period over 38 listings were sold below the listed price and 17 listings were sold for the listed price. The number of listings in Bethlehem, PA decreased by 6% between September 2024 and October 2024. In October 2024 median list price was $330,135 and the average listing age was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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