551 Hillside Avenue

Bethlehem PA 18015

1536 sq. ft.

0.09 ac.

Townhouse

Currently for sale - view listing

Overview

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. MULTIPLE OFFERS RECEIVED. HIGHEST & BEST OFFERS DUE BY 6PM ON THURSDAY, OCTOBER 22, 2026.

Features

3 bedrooms

1 bathroom

2 carspaces

1536 sq. ft. floor area

0.09 ac. lot size

Townhouse

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