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$349,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago
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PRIME INCOME-PRODUCING 8-CAR GARAGE WITH METICULOUSLY MAINTAINED 4 BEDROOM HOME. Rare investment opportunity in Southside Bethlehem! This fully operational 8-car garage generates $1,200 monthly rental income on month-to-month lease. Sold with adjacent 4-bed home at 1171 E. 4th St. Currently generating $1,850 monthly rental income (See MLS 766708) Perfect for contractors, landscapers, auto enthusiasts, and woodworkers seeking secure workspace and equipment storage. Turnkey operation with established tenants in both the garages and the adjacent 4-bedroom home, offering proven cash flow. Prime location near Lehigh University and Downtown Bethlehem. Rare two-parcel portfolio offering immediate income and long-term potential.

Full Property Details for 1162 Mechanic St

General

  • Price: $349,000
  • Taxes: $112
  • Status: Active
  • Type: Multi-Family
  • Source: Lehigh_Valley
  • MLS ID: 766711
  • Updated: 1/15/2026
  • Added to Site: 90 day(s) ago

Parking

  • Total Spaces: 8
  • Parking Features: Off Street, Parking Garage

Location

  • Area: Bethlehem-South
  • County: Northampton
  • Subdivision: Not in Development
  • Cross Streets: Hobart
  • Driving Directions: Fourth St - Right on Hobart - Left on Mechanic - Garages on Left

School Information

  • Elem School District: Bethlehem
  • Midd School District: Bethlehem
  • High School District: Bethlehem

Community

  • Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

  • Heating Type: None

Utilities

  • Sewer: None
  • Water: None
  • Utility Description: Sewer Not Available, Water Not Available

Structural Information

  • Construction: Brick
  • Square Feet: 1,200
  • Living Area: 1,200 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,604
  • Lot Size Source: Other
  • Zoning: 3

Financial Considerations

  • Tax Amount: $112.33

Disclosures and Reports

  • Property ID: p6se2b 7 13 0204

Listed by Morganelli Properties LLC

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Listing agent

— 1162 Mechanic St —

  • Morganelli Properties LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1162 Mechanic St

School District:Bethlehem Area School District
NameGradesDistance
Donegan El School
1210 East 4th Street, Bethlehem, PA 18015
PK-50.1 mi
Broughal Middle School
114 West Morton Street, Bethlehem, PA 18015
6-81.1 mi
Freedom High School
3149 Chester Avenue, Bethlehem, PA 18020
9-123.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1162 Mechanic St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/19/2025
Listed
$349,000
217.27%
MLS
2/28/2025
Sold
$110,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1162 Mechanic St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$80
-88%
$7,400
—
2024
$654
—
$7,400
—
2023
$654
1%
$7,400
—
2022
$649
1%
$7,400
—
2021
$645
1%
$7,400
—
2020
$638
—
$7,400
—
2019
$636
2%
$7,400
—
2018
$621
1%
$7,400
—
2017
$613
2%
$7,400
—
2016
$603
2%
$7,400
—
2015
$589
7%
$7,400
—
2014
$552
—
$7,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1162 Mechanic St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Morganelli Properties LLC

1162 Mechanic Street, Bethlehem City, PA 18015 (MLS# 766711) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 1162 Mechanic Street is currently listed for $349,000 and was received on October 19, 2025. Want to learn more about 1162 Mechanic Street? Do you have questions about finding other Multi-Family real estate for sale in Bethlehem City? You can browse all Bethlehem City real estate or contact a Coldwell Banker agent to request more information.

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