1224 Eaton Ave Bethlehem City, PA 18018

Approved for a 6-dwelling configuration, this offering includes an existing, income-producing Cape Cod residence along with approvals in place for 5 new-construction townhomes. The townhome development consists of 1 triplex and 1 duplex, thoughtfully designed with driveway access, front parking, and pedestrian walkways leading to the rear of each home-an efficient and attractive layout for future residents. The existing detached Cape Cod features 3 bedrooms and 2 full baths and presents immediate rental upside. Most recently leased in 2026 for $2,600/month, the home is currently vacant and ready for occupancy or repositioning. Additionally, two of the three garage bays are leased on a month-to-month basis, generating $350/month in supplemental income. Ideally situated in a highly accessible location, the property is within walking distance to major employers including Jefferson Health Network and St. Luke's University Health Network facilities. Residents will also benefit from close proximity to highway access and the area's charming Historic District, offering dining, shopping, and lifestyle amenities just minutes away.