$445,000

Estimated payment $2,793/month

Total Views 1,471
2 Beds
2 Baths
2,068 Sq Ft
$215 Price per Sq Ft

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.

Listing Agent

Akinlana Popoola

EXP Realty LLC License #RS379206 Listed on: 03/20/2026

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,755

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,966
  • Maintenance Expense $1,000
  • Water Sewer Expense $508
  • Operating Expense $8,974
  • Gross Income $39,900
  • Net Operating Income $30,926

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,755

Year Built

Built in 1900

Lot Details

2,875 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Stories: 2
  • Year Built: 1900
  • LotSizeAcres: 0.066
  • Co List Office Mls Id: EXPR
  • Subdivision Name: Not in Development
  • HumanModifiedYN: Yes
  • PropertySubTypeAdditional: Apartment
  • CurrentPrice: 445000.0
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 2068.0
  • Stories: 2

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: None, Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 8974.0
  • Annual Water Sewer Expense: 508.0

Schools

  • Junior High Dist: Bethlehem

Lot Info

  • Lot Size Sq Ft: 2889.0
  • Zoning: 04CG

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1966.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 30926.0

Tax Info

  • Tax Annual Amount: 4755.39

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $549 $50,800 $12,200 $38,600
2025 $549 $50,800 $12,200 $38,600
2024 $4,490 $50,800 $12,200 $38,600
2023 $4,490 $50,800 $12,200 $38,600
2022 $4,455 $50,800 $12,200 $38,600
2021 $4,425 $50,800 $12,200 $38,600
2020 $4,383 $50,800 $12,200 $38,600
2019 $4,368 $50,800 $12,200 $38,600
2018 $4,262 $50,800 $12,200 $38,600
2017 $4,211 $50,800 $12,200 $38,600
2016 -- $50,800 $12,200 $38,600
2015 -- $50,800 $12,200 $38,600
2014 -- $50,800 $12,200 $38,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2026 04/02/26 Price Changed $445,000 0.0% $215 / Sq Ft
04/02/2026 04/02/26 Price Changed $445,001 0.0% $215 / Sq Ft
03/20/2026 03/20/26 For Sale $445,000 +113.9% $215 / Sq Ft
05/16/2022 05/16/22 Sold $208,000 -13.3% $101 / Sq Ft View Prior Sale
04/08/2022 04/08/22 Pending -- -- --
04/07/2022 04/07/22 Price Changed $240,000 -2.0% $116 / Sq Ft
03/24/2022 03/24/22 For Sale $245,000 +113.0% $118 / Sq Ft
08/31/2017 08/31/17 Sold $115,000 -9.4% $56 / Sq Ft View Prior Sale
07/21/2017 07/21/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $127,000 -- $61 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $208,000 Town Settlement Group Llc
Deed $115,000 None Available
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $77,000 Commercial
Source: Public Records

Source: Greater Lehigh Valley REALTORS®

MLS Number: 773215

Greater Lehigh Valley REALTORS®

APN: P6NE1C-18-2-0204

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