1962 Glendale Avenue Bethlehem, PA 18018

$220,000
0.02
Acres
$220,000
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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.

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.

  • Neighborhood
  • Type
  • County
    Lehigh
  • Area
    Bethlehem City
  • Tax Amount
    $1,999
  • Status
    Active
  • Listing #
    PALH2014498
  • Built
    1922
  • Lot Size
    0.02
  • Listed on site
    122 days
  • Listing Agent Id
    304397677916

Listed by:
eXp Commercial

Source:
BRIGHT MLS

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Wood Floors
  • Heat Electric

Property History

DateDays AgoEventNew Price
Mar 30, 20262 mos agoPrice decreased10,000 (4%)$220,000
Feb 1, 20264 mos agoNew on market$230,000
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