REQUEST A TOUR
$ 1,475,000
Est. payment | /mo
6,886 SqFt
$ 1,475,000
Est. payment | /mo
6,886 SqFt
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,886 sqft
Price per Sqft $214
Subdivision Not In Development
MLS Listing ID 785386
HOA Y/N No
Year Built 1940
Annual Tax Amount $7,038
Lot Size 0.354 Acres
Acres 0.354
Property Sub-Type Mixed Use
Property Description
Exceptional opportunity to acquire a fully renovated 7-unit mixed-use investment property featuring 4 commercial units and 3 residential units. Offered at an attractive 7% cap rate, this property combines strong income potential with low taxes and efficient operating expenses. Tenants are responsible for the majority of utilities, helping maximize net operating income. The building has undergone extensive renovations, including updated flooring, siding, roofing, electrical systems, HVAC, and more, with improvements permitted and certified through Bethlehem Township. Interiors feature luxury vinyl plank flooring, upscale lighting, exposed brick accents, and ADA-compliant commercial restrooms, creating attractive and functional spaces for both tenants and customers. Positioned along a highly traveled commercial corridor with approximately 15,000–20,000 vehicles passing daily, the property offers excellent visibility and exposure. An outstanding opportunity for a traditional investor, 1031 exchange buyer, or owner-operator looking to occupy a commercial unit while benefiting from income generated by the remaining tenants. With 7 income-producing units, low operating expenses, significant recent improvements, and a prime location, this is a turnkey mixed-use investment opportunity with long-term potential.
Location
State PA
County Northampton
Area Bethlehem Twp.
Direction From rt 33 exit William Penn. Head West. Turns into Easton Ave. Property on left. Arrive.
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Public
Total Parking Spaces 23
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Bethlehem
Others
Senior Community No
Tax ID M7SW3-18-1-0205
Special Listing Condition None
Listed by IronValley RE of Lehigh Valley
Nearby Locations
Contact Me For More Information!