251 Franklin Street
Bethlehem City, PA 18018
Map
- 3 beds
- 2 baths
- 1,809 sqft
- 1,159 sqft lot
- $129 per sqft
- 1914 build
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Calling all savvy investors! This meticulously maintained twin single-family home in Bethlehem presents an exceptional opportunity for generating passive income. Currently rented at $1,803 per month with tenants responsible for all utilities, this property yields a substantial net income of $17,100 annually after expenses of $4,536. Priced competitively at $230,000, this investment boasts an impressive 7.4% cap rate, making it a standout choice in the area. With desirable features including hardwood floors, carpet, and ceramic tile, as well as stainless steel appliances, this property is sure to attract long-term tenants. Additionally, the finished basement with a bar and laundry room with washer and dryer add to its appeal. Don't miss out on this lucrative opportunity to add a high-performing asset to your portfolio in Bethlehem!
Last checked:
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Last updated Jun 6, 2025
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MLS# 733248 —
The Building
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Construction Materials:Brick, VinylSiding
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Year Built:1914
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Number Of Units Total:1
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Security Features:SmokeDetectors
Interior
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Stories:2
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Stories Total:2
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Living Area:1809.0
Financial & Terms
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Listing Terms:Cash,Conventional
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Buyer Financing:Conventional
Location
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Longitude:-75.390818
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Latitude:40.617669
The Property
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Property Type:ResidentialIncome
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Property Sub Type:Townhouse
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Zoning:RT-RESIDENTIAL
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Parcel Number:642736366168001
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Lot Size Acres:0.027
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Lot Size Area:1159.0
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Lot Size Square Feet:1,159 Sqft
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Lot Size Units:SquareFeet
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Lot Size Source:PublicRecords
Listing Agent
- Contact info:
- Agent phone:
- (484) 895-9005
- Office phone:
- (484) 895-9005
Taxes
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Tax Annual Amount:$3,757.31
Beds
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Bedrooms Total:3
Baths
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Bathrooms Half:1
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Bathrooms Full:1
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Bathrooms Total:2
Heating & Cooling
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Cooling:None
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Cooling:false
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Heating:Electric
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Heating:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Middle School District:Bethlehem
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High School District:Bethlehem
The Community
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Subdivision Name:Not In Development
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Senior Community:false
Parking
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Parking Features:OnStreet
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Parking Total:2.0
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/26/24
Apr 26, 2024
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Sold | GLVR | $235,000 | 49.2% (13.7% / YR) |
|
9/22/20
Sep 22, 2020
|
GLVR | $157,500 |
