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Lehigh University - Off Campus Student Housing

426 East 5th Street, Bethlehem, PA 18015

$480,000

DETAILS
5

Beds

2

Baths

2,366SF

Living

1890

Built

2,000SF

Lot

2,366 SF

Total Area

2968.03/per year

Taxes

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Jennifer de Jesus
Turnkey, Lehigh University off-campus housing.

Fully occupied 5-bedroom/2-full bath. Tenants pay all utilities. Appliances include washer/dryer, dishwasher, oven/range, and refrigerator. Gross rent of $48,000 for 2020-2021 school year. Pre-lease
d for the 2021-2022 & 2022-2023 school years with gross income of $48,000/school year. Clear CO's will be provided.



Gross Inc: $48,000
Net Inc: $43,790
Operate Exp: $4,210 (taxes, insurance, trash)

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The neighborhood: Bethlehem

Vibrant historic city with a packed calendar of year-round events.