515 Thomas Street
Bethlehem City, PA, 18015 $ 479,000
Bedrooms5 Baths2.0 Sq 1,310 Monthly Estimate*
$ 2,949
Multi-Family Home for sale in Bethlehem City, PA
for $479,000 with 5 bedrooms and 2 full baths. This 1,310 square foot home was built in 1900 on a lot size of 0.024.
Fully renovated 5-bedroom, 2-bath home located in South Bethlehem’s Student Overlay District, within walking distance to Lehigh University. This fully rented, income-producing property has been completely remodeled and updated, offering modern finishes throughout. Features include a large updated kitchen with stainless steel appliances, luxury vinyl waterproof flooring, high ceilings, gas heat and gas hot water, in-unit washer and dryer, and a security system. Property is fully furnished, including LED flat screen TV, making it a turnkey investment ideal for student housing. Convenient to campus, downtown Bethlehem, restaurants, and public transportation. Excellent opportunity for investors seeking strong rental demand in a prime location. The amount of detailing that has been given to the finishes truly bring this property to life. The bathroom is completely custom, with beautifully designed tiles, European vanities, glass enclosures, and many other features. Other values include: security camera system, video intercom. Come tour today!
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FeaturesGeneralSewer Public Sewer
Heating Baseboard Gas Hot Water
Cooling Wall/Window Unit(s)
Zoning Rm-Residential
Construction Materials Brick Vinyl Siding
Year Built 1900
Property Subtype Single Family Residence
Gross Income 39000
County Northampton
Net Operating Income 34557
Operating Expense 4443
Insurance Expense 1100
Property Type Residential Income
MaintenanceExpense 1850
Subdivision Name Not in Development
Full Baths 2
Status Active
Directions 4th St to Filmore to Hillside left on Thomas
City Bethlehem City
Senior Community Y/N false
High School District Bethlehem
Number Of Units Total 1
MLS Area Bethlehem-South
Lot Size Units Square Feet
Lot Size Square Feet 1040
Year Built Details Unknown
Tax Annual Amount 2770.85
Electric Expense 0
Fuel Expense 0
Property Condition Unknown
Water Sewer Expense 848
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Bethlehem
Elementary School District Bethlehem
Tax Assessed Value 29600
Property Sub Type Additional Single Family Residence Investment
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InteriorHeating Y/N true
Total Bedrooms 5
Total Baths 2
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ExteriorParking Features Off Street Parking Pad On Street
Water Source Public
Total Parking 3
Lot Size Area 1040
Lot Size Acres 0.024
Lot Size Source Public Records
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* Excluded FeaturesList ByAnthony RamosListing Agent
Century 21 Ramos RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,949
- Monthly Property Taxes
- $231
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Bethlehem, PA
Average List Price $609,950
Percent of Sale Price 27%
About Bethlehem, PA 33,112 Population
7% Since 2002
$ 46,941 Median Income
39.02 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4801670 Elementary School
4801668 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/9/2026 | $479,000 | | Listed Price |