306 E Broad Street
Bethlehem City, PA, 18018 $ 445,000
Bedrooms2 Baths2.0 Sq 2,068 Monthly Estimate*
$ 2,740
Multi-Family Home for sale in Bethlehem City, PA
for $445,000 with 2 bedrooms and 2 full baths. This 2,068 square foot home was built in 1900 on a lot size of 0.066.
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.
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FeaturesGeneralSewer Public Sewer
Heating Baseboard
Cooling None Wall/Window Unit(s)
Zoning 04CG
Construction Materials Vinyl Siding
Year Built 1900
Stories Count 2
Property Subtype Apartment
Gross Income 39900
County Northampton
Net Operating Income 30926
Operating Expense 8974
Insurance Expense 1966
Property Type Residential Income
MaintenanceExpense 1000
Subdivision Name Not in Development
Full Baths 2
Status Active
Directions From Interstate 78 take Exit 67 for PA-412 toward Bethlehem and follow 3rd/4th Street north toward downtown. Turn right onto E Broad Street—306 E Broad Street will be on your right in North Bethlehem.
City Bethlehem City
Senior Community Y/N false
High School District Bethlehem
Number Of Units Total 2
MLS Area Bethlehem-North
Lot Size Units Square Feet
Lot Size Square Feet 2889
Tax Annual Amount 4755.39
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 508
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Bethlehem
Elementary School District Bethlehem
Tax Assessed Value 50800
Property Sub Type Additional Apartment
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InteriorTotal Stories 2
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 2
Total Baths 2
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ExteriorParking Features On Street
Water Source Public
Total Parking 3
Lot Size Area 2889
Lot Size Acres 0.066
Lot Size Source Public Records
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* Excluded FeaturesList ByAkinlana PopoolaListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $2,740
- Monthly Property Taxes
- $396
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Bethlehem, PA
Average List Price $614,950
Percent of Sale Price 38%
About Bethlehem, PA 33,112 Population
7% Since 2002
$ 46,941 Median Income
39.02 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4801670 Elementary School
4801668 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/27/2026 | $445,000 | | Listed Price |