331 Broadway, Bethlehem, PA 18015

$299,000
2
BD
1
BA
1,457
SqFt

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List Price
$299,000
Price Change
▼ $1,000 1780288518
MLS#
777964
Status
PENDING
City
Bethlehem
Area
Bethlehem Twp.
County
Northampton
Neighborhood
Not In Development
Bedrooms
2
Bathrooms
1
Living Area
1,457
Lot Size
1,200
Year Built
1840

Property Description

2-unit mixed-use property generating $30,612 in gross income and $23347 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

Additional Information

Acres
0.03
Cooling
None, Window/Wall
Living Area
1,457
Lot Size
1,200
Parking Spaces
2
Region
Bethlehem Twp.
School District
Bethlehem
Sewer
Public Sewer
Taxes
$1,839
Zoning
04CG

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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.

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