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571 Hillside Avenue, Bethlehem, PA 18015 (MLS# PM-75139)

571 Hillside Avenue, Bethlehem, PA 18015

$575,000
Property Type: Residential Income Square Footage: 4,748 Lot Size (sq. ft.): 2,178 Status: Closed
Current Price: $575,000 List Date: 3/19/2020 Last Modified: 4/15/2026

Overview

Description

Great Investment Opportunity! This sale, offered for the very first time, includes 2 buildings totaling 6 units within walking distance to Lehigh University. Together both properties have 14 bedrooms, 8 full baths, 1half bath, laundry room with coin operated machines, 2 car off street parking pad and a court yard for relaxation. There are 2 – 4 bedroom units, 1 - 3 bedroom unit and 3 – 1 bedroom units. Tenants pay own utilities for units rented as apartments.

Listing Details MLS# PM-75139

General Property Information

Building Area Total
4748
Stories
2
Number Of Buildings
2
Year Built
1910
Basement YN
No
Garage YN
Yes
Parking Total
3
Lot Size Acres
0.05
List Price/SqFt
147.41
Sold Price/SqFt
121.1

Property Features

Listing Terms: Cash; Conventional Disclosures: Right of First Refusal Construction Materials: Brick; Stone Roof: Other Cooling: None Heating: Natural Gas Water Heater: Gas Appliances: Water Heater Water Source: Public Sewer: Public Sewer Road Surface Type: Paved Road Responsibility: Public Maintained Road

Contract Information

Property Sub Type
Multi Family
Listing Contract Date
2020-01-23
Listing Service
Full Service

Location Tax and Legal

County
Northampton
Street Number
571
Street Name
Hillside
Street Suffix
Avenue
City (Post Office)
Bethlehem
State
PA
Postal Code
18015

Remarks and Miscellaneous

Public Historical Remarks
Type: Single, Roof: Pitched, Kitchens: SemiMod, Bathrooms: SemiMod, Miscellaneous: Zoning Code Rm-Residential, Miscellaneous: Cert of Occ Req'd No
Public Remarks
Great Investment Opportunity! This sale, offered for the very first time, includes 2 buildings totaling 6 units within walking distance to Lehigh University. Together both properties have 14 bedrooms, 8 full baths, 1half bath, laundry room with coin operated machines, 2 car off street parking pad and a court yard for relaxation. There are 2 – 4 bedroom units, 1 - 3 bedroom unit and 3 – 1 bedroom units. Tenants pay own utilities for units rented as apartments.

Status Change Information

Purchase Contract Date
2020-04-27
Close Date
2020-06-19
Close Price
575000

More Information

Income and Expenses

Gross Income
116340
Net Operating Income
93297
Operating Expense
23042
Insurance Expense
3000
Electric Expense
6085
Trash Expense
965

Unit 1

Unit #
Yes
Actual Rent
2450
SqFt Total
791

Unit 2

Unit #
2
Actual Rent
2350
SqFt Total
791

Unit 3

Unit #
3
Actual Rent
750
SqFt Total
791

Unit 4

Unit #
4
Actual Rent
995
SqFt Total
791

Unit 5

Unit #
5
Actual Rent
750
SqFt Total
791

Unit 6

Unit #
6
Actual Rent
2400
SqFt Total
791

Location, Tax, and Legal

Parcel Number
P6SE1C-10-4-0204
Municipality
Bethlehem City
High School District
Bethlehem Area
Cnty&Muni Taxes (Legacy)
25578236
School Tax Amount
4793
Tax Annual Amount
2717.82
Tax Assessed Value
31500
Tax Book Number
2011-1/120740
Zoning Description
Residential

Currently Not Used

Number Of Units Total
6

Listing Terms

Cash
Yes
Conventional
Yes

Disclosures

Right of First Refusal
Yes

Construction Materials

Brick
Yes
Stone
Yes

Roof

Other
Yes

Cooling

None
Yes

Heating

Natural Gas
Yes

Water Heater

Gas
Yes

Appliances

Water Heater
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Road Surface Type

Paved
Yes

Road Responsibility

Public Maintained Road
Yes
Listing Office: Keller Williams Real Estate - Northampton Co
IDX
Last Updated: April - 15 - 2026
Information deemed reliable but not guaranteed.