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57 E Garrison St 6 Unit Apartment Building $1,729,500 CAD ($288,250 CAD/Unit) 7.49% Cap Rate Bethlehem, PA 18018
Investment Highlights
- Newly Renovated
- Coin Operated Laundry
- Code Complaint
- Tenants Pay all Utilties
Executive Summary
Prime North Bethlehem Investment Opportunity! Located in
highly desirable North Bethlehem, this unique multifamily
property is just steps from the Historic District, downtown
restaurants, shopping, and entertainment, making it an
attractive option for tenants. Featuring four separate addresses
under one deed, the property offers residents added privacy with
the feel of individual homes rather than a traditional apartment
building. Two private decks with city views provide desirable
outdoor living space. Tenants pay all utilities, helping keep
operating expenses low. A newly added laundry room provides
an excellent opportunity to generate additional income with coin
operated machines. Immediate lease-up potential and a prime
location in one of Bethlehem's strongest rental markets, this
property offers an outstanding opportunity for investors seeking
both current income and future upside.
highly desirable North Bethlehem, this unique multifamily
property is just steps from the Historic District, downtown
restaurants, shopping, and entertainment, making it an
attractive option for tenants. Featuring four separate addresses
under one deed, the property offers residents added privacy with
the feel of individual homes rather than a traditional apartment
building. Two private decks with city views provide desirable
outdoor living space. Tenants pay all utilities, helping keep
operating expenses low. A newly added laundry room provides
an excellent opportunity to generate additional income with coin
operated machines. Immediate lease-up potential and a prime
location in one of Bethlehem's strongest rental markets, this
property offers an outstanding opportunity for investors seeking
both current income and future upside.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Balcony
- Cable Ready
- Disposal
- Storage Space
- Heating
- Eat-in Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Range
- Double Pane Windows
Site Amenities
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,757 CAD | - |
| 2+1 | 5 | $2,193 CAD | - |
1 1
Very walkable
80/100
Fairly drivable
40/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | P6NE1A-22-11-0204 | Improvements Assessment | $58,827 CAD |
| Land Assessment | $18,079 CAD | Total Assessment | $76,906 CAD |
Property Taxes
Parcel Number
P6NE1A-22-11-0204
Land Assessment
$18,079 CAD
Improvements Assessment
$58,827 CAD
Total Assessment
$76,906 CAD
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57 E Garrison St
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