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306 E Broad St, Bethlehem, PA, 18018

2beds
2baths
2,068sqft
$399,000
$193price/sqft
$2,852/moest. monthly cost
$114,080/yrincome needed

About This Home

Fully occupied mixed-use two-unit investment property generating $39,900 in gross income and $30,926 in net income. The asset consists of a street-level commercial unit occupied by a long-term business tenant and a 2-bedroom, 1-bath residential apartment on the upper floor, providing a balanced income stream in a highly desirable North Bethlehem location. The residential unit was recently updated, featuring new paint, carpet, stove, refrigerator, vanity, countertops, and ceiling lighting, and is currently leased with a tenant who moved in February 1, 2026. The commercial space is occupied by an established business, contributing to stable and predictable income. Landlord responsibilities are limited to taxes, insurance, and water/sewer/trash, creating a minimal-expense structure that supports strong operational efficiency. Both units are fully leased, providing immediate and consistent cash flow. Situated in a core Lehigh Valley location in North Bethlehem, the property benefits from strong tenant demand, proximity to local amenities, and long-term rental stability. With durable in-place income, low operating expenses, and a prime location where vacancy is rarely an issue, this asset presents an attractive opportunity for investors seeking reliable performance in a highly desirable market.

Getting Around

77
WalkingVery Walkable
41
TransitSome Transit
66
BikeBikeable

Schools

3/10
Northeast Middle SchoolGrades 6-80.7 mi
2/10
Liberty High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Apartment

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None,Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 2,068 sqft

Property

Details

  • Parcel number: P6NE1C 18 2 0204
  • Zoning: 04CG
  • Special condition: None

Features

  • Stories: 2

Lot

  • Lot size: 2,874 sqft

Parking

  • Total spaces: 3