MLS#PALH2014498
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBETHLEHEM AREA
Property Description
Stabilized, all-brick single-family rental in Bethlehem with a fenced yard and garage, producing $21,540 gross and $18,603 net annually, offering durable income with minimal operational risk. This 2-bedroom / 1-bath is situated in a high-demand residential pocket and is currently tenant-occupied with a lease in place through August 2025, providing near-term income visibility. In-place rents of $1,795 per month are supported by local market fundamentals, with modest upside at renewal. Operating expenses are conservatively underwritten, and the property benefits from limited maintenance exposure, and consistent tenant performance. Tenants pay for all utilities. Landlord is only responsible for Taxes and Insurance. This is a straightforward, low-friction hold requiring no heavy capital investment or operational complexity. Ideal for investors seeking predictable income, modest rent growth, and long-term appreciation in the Bethlehem market.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 0.02 Acres
Taxes: $1,999
Year Built: 1922
Feature Descriptions
Accessibility: 2+ Access Exits
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Flooring: Engineered Wood
Lot Dimensions: 0.02 Acre(S)
Municipality: BETHLEHEM CITY
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Two Bedroom Units: 1
Units: 1
Water: Public
Local Schools
High School: LIBERTY
Middle School: NITSCHMANN
Elementary School: CLEARVIEW
School District: BETHLEHEM AREA
Listed By / Shown By
Listed By
Agency Name: eXp Commercial
Agency Phone: 8883977352
Shown By
Agent Name: The Chrissie Barrick Team
Agent Phone: (717) 451-3850
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 745.55 per month $511.88 Principal & Interest $166.58 Property Tax $67.08 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1962 Glendale Avenue | MLS# PALH2014498
This multi-family property located at 1962 Glendale Avenue , Bethlehem, PA 18018 is currently listed for sale with an asking price of $230,000. Glendale Avenue is located within the BETHLEHEM AREA school district. Search Bethlehem real estate on www.thechrissiebarrickteam.com today.