306 E Broad St Bethlehem, PA 18018
Downtown Bethlehem NeighborhoodEstimated payment $2,539/month
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.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $4,755
Year Built
- Built in 1900
Home Design
- Vinyl Siding
Interior Spaces
- 2,068 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Additional Features
- 2,889 Sq Ft Lot
- 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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2026 05/12/26 | Price Changed | $399,000 | -3.9% | $193 / Sq Ft | |
| 04/30/2026 04/30/26 | For Sale | $415,000 | +99.5% | $201 / 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $208,000 | Town Settlement Group Llc | |
| Deed | $115,000 | None Available | |
| Deed | $100,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $77,000 | Commercial |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 776026
APN: P6NE1C-18-2-0204
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Information is deemed reliable but not guaranteed.
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