Exceptional investment opportunity just steps from Lehigh University and located within the City of Bethlehem's desirable Student Overlay District. The layout features 3 bedrooms on the second floor. The 3rd floor could be converted into a 4th bedroom with some modifications. Currently one full bath with space to add a 2nd bath. (buyer to verify permitted use and student housing conversion requirements with the City of Bethlehem). This property features 2 off street parking spaces in the rear. Economical natural gas hot water heat runs throughout most of the home. Improvements include a new rear flat rubber roof and a new sewer line, both in 2022. The backyard offers a nice open space to enjoy the outdoors. Situated on the highly sought-after 500 block of Hillside Avenue, this is a rare opportunity to acquire an income-producing property in one of Lehigh University's most desirable student housing locations. With consistent rental demand and excellent long-term investment potential, this property is well positioned to generate strong returns for years to come.
Active
$319,900
Condo/ Townhome/ Apartment
3 bds
1 ba
1,536 Sqft
0.09 Acre
786520
2 Stories
Built in 1900
Not in Development
2705.33 ()
Disclaimer: The information contained in this listing has not been verified by RE/MAX Central - Center Valley and should be verified by the buyer.