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$300,000
Est. payment /mo
2 Beds
1 Bath
1,457 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 1,457 sqft
Price per Sqft $205
Subdivision Not In Development
MLS Listing ID 770833
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1840
Annual Tax Amount $1,837
Lot Size 1,219 Sqft
Acres 0.028
Property Sub-Type Apartment
Property Description
2-unit mixed-use property generating $30,011 in gross income and $22,725 in net income. The asset features two occupied, income-producing units, including a street-level commercial space occupied by a barbershop and a second/third-floor 2-bedroom, 1-bath residential apartment. Lease expirations in 2026 provide defined near-term rollover. Current income is supported by documented leasing activity within the building and the surrounding South Bethlehem submarket. The commercial tenant pays all of its utilities. Landlord responsibilities are limited to taxes, insurance, water/sewer/trash, and heat for the residential unit only. This asset offers stable in-place income with upside driven by lease renewals and is well suited for investors seeking a mixed-use property with predictable operations, defined rollover, and income growth potential in a walkable, demand-supported location.
Location
State PA
County Northampton
Area Bethlehem Twp.
Direction Take Airport Rd, Schoenersville Rd and PA-378 S to Broadway in Bethlehem
Interior
Heating Baseboard
Cooling None, Wall/Window Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Total Parking Spaces 3
Building
Sewer Public Sewer
Water Public
Schools
School District Bethlehem
Others
Senior Community No
Tax ID P6SW2B 12 7 0204
Special Listing Condition None
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Listed by EXP Realty LLC
Nearby Locations
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Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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