1962 Glendale Ave, Bethlehem, PA 18018

Bethlehem
Local realty services provided by:Better Homes and Gardens Real Estate Premier
1962 Glendale Ave,Bethlehem, PA 18018
$230,000
  • 2 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: james j reardon
Office: exp commercial
MLS#:PALH2014498
Source:BRIGHTMLS

Price summary

  • Price:$230,000

About this home

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.

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Home facts

  • Year built:1922
  • Listing ID #:PALH2014498
  • Added:48 day(s) ago
  • Updated:March 22, 2026 at 01:30 PM

Rooms and interior

  • Bedrooms:2
  • Flooring:Engineered Wood

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1922
  • Lot area:0.02 Acres
  • Construction Materials:Brick
  • Foundation Description:Block, Stone

Schools

  • High school:LIBERTY
  • Middle school:NITSCHMANN
  • Elementary school:CLEARVIEW

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$230,000
  • Tax amount:$1,999 (2025)

Parking

  • Parking description:On Street

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