3348 Easton Avenue
Bethlehem City, PA, 18020 $ 1,475,000
Bedrooms-- Baths0.0 Sq 6,886 Monthly Estimate*
$ 9,313
Multi-Family Home for sale in Bethlehem City, PA
for $1,475,000. This 6,886 square foot home was built in 1940 on a lot size of 0.354.
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.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air
Zoning 05NC
Construction Materials Vinyl Siding
Year Built 1940
Stories Count 3
Property Subtype Mixed Use
Gross Income 140700
County Northampton
Net Operating Income 121200
Operating Expense 19500
Insurance Expense 3900
Property Type Residential Income
MaintenanceExpense 2000
Subdivision Name Not in Development
Status Active
Directions From rt 33 exit William Penn. Head West. Turns into Easton Ave. Property on left. Arrive.
City Bethlehem City
Senior Community Y/N false
High School District Bethlehem
Number Of Units Total 7
MLS Area Bethlehem Twp.
Lot Size Units Square Feet
Lot Size Square Feet 15400
Tax Annual Amount 7038.97
Electric Expense 0
Fuel Expense 0
Water Sewer Expense 2015
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Bethlehem
Elementary School District Bethlehem
Tax Assessed Value 85700
Property Sub Type Additional Mixed Use Detached
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InteriorTotal Stories 3
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorWater Source Public
Total Parking 23
Lot Size Area 15400
Lot Size Acres 0.354
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* Excluded FeaturesList ByKyle KerecmanListing Agent
Ironvalley Re Of Lehigh ValleyBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,313
- Monthly Property Taxes
- $587
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $0
Percent of Sale Price 100%
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 |
|---|
| 9/29/2026 | $1,475,000 | | Listed Price |