55 East Elizabeth Avenue Bethlehem, PA 18018

Multi-Family (2-4 Units) MLS #: 737401 Courtesy Of Grace Realty Co. Inc.

$325,000

2,652 sq ft
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Est. Property Tax: $4,609
Estimated monthly payments: $1,805/mo.* (recalculate)

Property InformationDescription

Great mixed use opportunity or perhaps convert to all residential? Currently a medical office on first floor with multiple exam rooms and a powder room plus a spacious and bright airy apartment upstairs. Right in the middle of all the action as Moravian University athletic fields are right across the street and it is only a few short blocks Moravian's main campus. Conveniently within walking distance to restaurants and night life. The first floor is currently owner occupied who also sublets one exam room to another medical practitioner. This first floor could continue to be used or rented as an office by the new owner or perhaps converted to residential units? The 2nd floor apartment is super spacious and bright featuring 2 bedrooms, large living room, kitchen, full bath and even a laundry room off the kitchen. Lots of potential for expansion as the walk up attic offers room for at least one and possibly two more bedrooms and another bath. Full basement has outside entrance and could be fitted up for tenant storage or used by the owner. Parking is at a premium in this area and this property fills the need with 6 off street parking spaces. Separate electric for first and second floor. Gas also services the building but is only being used for the apartment hot water heater and stove. Building has a recent roof for peace of mind. Great place for a business owner who also wants rental income. Bring your value added ideas and make this solid investment opportunity really shine.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Wall Unit(s) A/C
  • Exterior Type: Aluminum Siding
  • Heating Fuel: Electric
  • Heating System: Baseboard
  • Lot Size: 0.11 Acres
  • Roof Type: Unknown

MAP & DIRECTIONS

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55 East Elizabeth Avenue, Bethlehem, PA 18018
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School Information

55 East Elizabeth Avenue, Bethlehem, PA 18018

Elementary School
Grades KG-5 | Public School
WILLIAM PENN ELEMENTARY SCHOOL
Bethlehem, PA 18018
1002 Main St
610.­694.0116
Distance: 0.3 mi
School Rating
C-
Student:Teacher Ratio
11:1
Total Students
200
Middle School
Grades 6-8 | Public School
NORTHEAST MIDDLE SCHOOL
Bethlehem, PA 18018
1170 Fernwood St
610.­868.8581
Distance: 0.7 mi
School Rating
D+
Student:Teacher Ratio
12:1
Total Students
723
High School
Grades 9-12 | Public School
LIBERTY HIGH SCHOOL
Bethlehem, PA 18018
1115 Linden St
610.­691.7200
Distance: 0.3 mi
School Rating
D-
Student:Teacher Ratio
18:1
Total Students
2663
Other Nearby Schools Distance Type Grades School Rating
Lehigh Valley Christian High School 0.4 mi Private 9-12
St Anne School 0.5 mi Private PK-8
Thomas Jefferson Elementary School 0.7 mi Public KG-5 D+
Buxmont Academy 0.7 mi Private KG-11
Bethlehem Catholic High School 0.8 mi Private 9-12
Lehigh Valley Dual Language Charter School 0.9 mi Public KG-8 C+
A Child's Choice Montessori School 1.0 mi Private PK-KG
Nitschmann Middle School 1.2 mi Public 6-8 C-
Covenant Christian Academy Of The Lehigh Valley 1.3 mi Private KG-8
Lehigh Valley Charter High School For Th 1.3 mi Public 9-12 B+
Spring Garden Elementary School 1.4 mi Public KG-5 C-
Lincoln Elementary School 1.4 mi Public KG-5 D+
Calypso Elementary School 1.4 mi Public KG-5 C
Broughal Middle School 1.6 mi Public 6-8 D+
St Nicholas Greek Orthodox Academy 1.6 mi Private PK-TKG
St Nicholas Greek Orthodox Academy 1.6 mi Private PK-KG
Holy Infancy School 1.6 mi Private PK-8
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Bethlehem, PA 18018

Median Age: 40
Married: 35%
Number of Households: 14,389
Households with Children: 22.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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