1962 GLENDALE AVE, Bethlehem, PA 18018
1962 GLENDALE AVE, Bethlehem, PA 18018
1962 GLENDALE AVE, Bethlehem, PA 18018
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Listed by james Reardon • eXp Commercial
$220,000
Est. payment /mo
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984 Sqft Lot
Price Dropped by $10K

1962 GLENDALE AVE Bethlehem, PA 18018

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Ed Gurley

Ed Gurley

+1(215) 704-5084

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALH2014498

Style Other

Year Built 1922

Annual Tax Amount $1,999

Tax Year 2025

Lot Size 984 Sqft

Acres 0.02

Lot Dimensions 12.00 x 82.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

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.

Location

State PA

County Lehigh

Area Bethlehem City (12303)

Zoning RT

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Flooring Engineered Wood

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Foundation Block, Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Clearview

Middle Schools Nitschmann

High Schools Liberty

School District Bethlehem Area

Others

Tax ID 641768944292-00001

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

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Ed Gurley

Ed Gurley

Broker | License ID: RB070078

+1(215) 704-5084

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1962 GLENDALE AVE