Rare Opportunity!!Cash Flow on Day 1 Plus Tax Efficient Depreciation. 3 separate brick buildings, fully rented consisting of 3 doctors offices, award winning bakery/bistro, and 2 - 2 bedroom apartments.  Perfectly located in Bethlehem.  Cap rate at 7% - some major updates recently completed in the last few years by Owner - exterior painting, 4 HVAC units replaced.  Parking lot holds 16 spots. Restaurant currently rented @ $2227.89 with increases to 12/01/2023

Doctors office currently rented @ $6005 with rent increase to 06/30/2023 pays $250 monthly CAM charge
-Quick turnaround to occupy on apartments
-Apt 1 currently rented until 07/31/2021 $900 2 bedroom (one walk through)
-Apt 2 rent 1150 rent increase 08/1/2021 to $1225 renewed 07/31/2022

(2 bedroom recently remodeled)
Check with City - future potential uses should you desire to change use: can convert to apartments, bed and breakfast, catering crafts and artisan studios, restaurant, construction head quarters, laundry mats,etc.



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1. Property Name - 1326-1342 Chelsea Ave
2. Purchase Price - $1225000.00
3. Land Size - 0.23 Acrs
4. Property Size - 1250 Sqr.Ft