Two-Unit Brick
67 West Union Boulevard, Bethlehem, PA 18018
For Sale
$219,900
Pending
Both residences are occupied under month-to-month tenancies.
Property Size1,384 SF
Days on Market50
Property Features for 67 West Union Boulevard
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Construction
Listing Agency:
Coldwell Banker Hearthside
Listed By:
Nick Smith
(610) 751-8280
Source:
Bhhspaulfordrealtors
Added: Sep 22
Changed: Oct 31
Last Checked: Nov 8 at 1:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Hearthside
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Investment Insights
Based on property information with market context.
Built in 1900, this brick duplex contains two one-bedroom residences and a full basement. The first-floor apartment measures roughly 490 square feet. The second spans two levels and roughly 900 square feet, with its upper floor currently used for storage.
Each apartment has its own gas meter, water heater, and electric panel. Residents pay for heat, trash, and electricity; the owner covers water, sewer, and insurance. Parking is on the street. Both residences can be viewed by appointment with 24 hours’ notice.
Each apartment has its own gas meter, water heater, and electric panel. Residents pay for heat, trash, and electricity; the owner covers water, sewer, and insurance. Parking is on the street. Both residences can be viewed by appointment with 24 hours’ notice.
Key Highlights
- Two one‑bedroom apartments in a brick duplex built in 1900
- First‑floor residence measures roughly 490 square feet
- Two‑level residence spans roughly 900 square feet; upper level used for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,257
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,140
$185.1K
Cap Rate 7%
$132,243
$132.2K
Cap Rate 9%
$102,856
$102.9K
Market Conditions
NOI Build-Up for 1,384 SF
Gross rent
$14.3K $10.32/SF
− Vacancy
−$1.1K −$0.76/SF
EGI
$13.2K $9.56/SF
− OpEx
−$4.0K −$2.87/SF
NOI
$9.3K $6.69/SF
Area
Lehigh County, PA
Vacancy
7.41%
Lease Rate
$10.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,140
Cap Rate 7%
$132,243
Cap Rate 9%
$102,856
Alternative Uses
Best Use
Multifamily LT 5
$132.2K
$115.7K – $154.3K
NOI $9,257 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$115.5K
$101.1K – $134.8K
NOI $8,085 @ 7.0% cap · market cap 3.68%
Theoretical Best
Mixed Use
$203.5K
$178.1K – $237.5K
NOI $14,247 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 18018, PA
32,388
Population
14,669
Households
2.2
Avg Household Size
39
Median Age
37%
College-Educated
92%
High-School Grad
5.2 sq mi
ZIP Area
6,228
Density / Sq Mi
$71,968
Median Household Income
$43,471
Median Earnings
$1,261
Median Rent
$224,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Bethlehem, PA
Properties on Market for Duplexes in Bethlehem
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied under month-to-month tenancies.
Where is this duplex located?
The property is located at 67 West Union Boulevard Bethlehem, PA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two one‑bedroom apartments in a brick duplex built in 1900; First‑floor residence measures roughly 490 square feet; Two‑level residence spans roughly 900 square feet; upper level used for storage
