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Price: $300K - 500K
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Home Type: Single Family
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$350,000  
3 bds • 2 ba • 2628 sqft
526 2nd Ave, Bethlehem, PA, 18018
8.2%
Gross Yield
20.7%
ROI
$2,386 /m
Est. Rent
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NMLS #2625701
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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics Value
Price $399,900
Est. Rent $3,200/mo
ROI 18%
  • Attractive rent-to-price ratio for income stability
  • Good fit for DSCR financing with healthy coverage
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Investment Highlights

Investment property for sale in Bethlehem at 526 2nd Ave, Bethlehem, PA, 18018 uses $116,025 cash to close to unlock $1,111/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $2,386/mo, and a $1,713/mo payment keeps the spread at $93/mo. Purchase price stands at $350,000, and rental yield measures 8.18% with $2,386/mo rent. Return on cash invested shows 20.87% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 108.46% and total cumulative return in cash records $125,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,386/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Multi Family

Built in 1860

4,181 sqft lot

$N/A/sqft

No HOA

More details about the property

Rare Opportunity! 2 Unit in Downtown Bethlehem! Live the best of both worlds by living in one unit and collecting rent on the 2nd unit and detached 3 car garage, or build your investment portfolio and capitalize on collecting rent for it all. It won't take long for your equity to grow in this sought after area within a short walk to the lively historic Bethlehem and all of its festivals, restaurants and cafes. This is a great opportunity as both units are filled with solid cash flow potential. The first floor unit offers one floor living with Kitchen/ 1 Bedroom/Bathroom and laundry hookup. Upstairs you will find unit two with Kitchen/Bathroom/ flex space and 2 bedrooms. The fully fenced yard leads you to the 3 CAR GARAGE with alley access. This won't last long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 18018, Bethlehem, PA area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)15,541 (100%)
Owner Occupied HU7,833 (50.4%)
Renter Occupied HU6,780 (43.6%)
Vacant Housing Units928 ( 6.0%)
Median Home Value$290,745
Average Home Value$351,910

Address Breakdown

Residential

14,710

Single Family

11,730

Multi-Family

2,980

Businesses

1,144

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
MLO
MLO
MLO
Powered by
Ziffy Mortgage
NMLS #2625701
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Facts & Features

General Information

  • Type: MultiFamily
  • Year Built: 1860
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Detached, Garage, On Street

Location

  • City: N/A
  • Subdivision: N/A
  • Lot Size: 4,181 sqft
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Julie Rich Weaver • RE/MAX Real Estate 

Mls Name: GLVR

Mls ID: #767273

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