1962 GLENDALE AVENUE, BETHLEHEM, PA 18018

$220,000
Active for Sale
 
Listing ID 55026912
Property Type Multi-Unit (2-4)
County Northampton
Total Tax $1,999
FEMA Flood Map fema.gov/portal
Year Built 1922
Virtual Tour
Stabilized, all-brick single-family rental in Bethlehem with a fenced yard , 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 Details
  • 0.02 Acres
  • 984 SF Lot
  • Built in 1922
  • 1 Unit
  • Other Style
Interior Features
  • Hardwood Flooring
  • Baseboard
  • Electric Fuel
Exterior Features
  • Masonry - Brick Construction
  • Community Water
  • Community Septic
Taxes and Fees
  • $1,999 Total Tax
  • Tax Year 2025
Listed By
eXp Commercial
Office: 888-397-7352
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