USAPABethlehemNot in Development502 Ontario St

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502 Ontario St, Bethlehem, PA

House

For Sale

Listed price in listed location currency (USD).
$1,500,000

080

MLS® PANH2010116

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $6,402
Days Active 0
Lot Size 0.41 Acres
Approx. Age 1900
MLS® Number PANH2010116

Property Address: 502 Ontario St, BETHLEHEM, PA, 18015-2845

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity with immediate income and could be turn key depending on your needs. 2 buildings and a large lot give this property a few possibilities. Very little to do in the 6 unit building with most units having recent updates and are below market value on month to month leases. The 2 unit building is currently owner occupied and has been slightly modified for easy access between the units but could be returned to its original state, substantially raising income. The 6 unit building has 3-2bed/1bath and 3-1bed/1bath units. The 2 unit building has many updates on the first floor and is currently a 3 bed/2bath but returning to its original state will give you a 2bed/1bath and 1bed/1bath. With 8 rentable units at market value, NOI at full occupancy could be in excess of $100k giving you a projected 7% CAP rate. The large lot has plenty of parking and open space for tenant activities. Convenient location for tenants to St Lukes, Steel Stacks, public transportation, eateries and major travel routes. This property will give that portfolio the boost you have been looking for!
MLS® NumberPANH2010116
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayPrivate, Parking Lot, On Street
Garage Spaces
HeatBaseboard - Electric, Electric
A/CWindow Unit(s), Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 13, 2026List Date
$1,500,000List Price
-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
502 Ontario St, Bethlehem, PA

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