$2,150,000
SOLD JAN 15, 2026
-- Bed
-- Bath
13,344 Sq Ft
0.26 Acres

Recently Sold

$161 Per Sq Ft

17% Below List Price

120 Days on Market

Highlights

  • 0.26 Acre Lot
  • Brick or Stone Mason
  • Heating Available

About This Home

As of January 2026

13 unit mixed use investment in Bethlehem, PA – Fully Occupied with Cash Flow!!! Located just blocks from Lehigh University, this fully occupied 13 unit mixed use property offers a balanced blend of stability and upside. The asset consists of 9 residential apartments units and 4 commercial storefront units, providing a diversified income stream in a high demand rental market. Currently generating a net operating income of $160,000, with potential to exceed $200,000, this property offers immediate returns and long term growth potential. The area benefits from consistent rental demand, proximity to major employers, and steady foot traffic from surrounding residential and commercial activity. A strong addition to any investment portfolio turn-key, income producing, and well located for continued value appreciation.

Last Agent to Sell the Property

Benjamin Diaz

Keller Williams Allentown Listed on: 07/09/2025

Keller Williams Allentown

Co-Listed By

James Balliet

Keller Williams Allentown

Last Buyer's Agent

Alpesh Patel

IronValley RE of Lehigh Valley License #RS376725

IronValley RE of Lehigh Valley

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,693

Year Built

  • Built in 1900

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 13,344 Sq Ft Home
  • 3-Story Property

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Heating Available

Community Details

Overview

  • 13 Units

Building Details

  • Electric Expense $850
  • Insurance Expense $7,800
  • Water Sewer Expense $7,500
  • Operating Expense $41,280
  • Gross Income $205,980
  • Net Operating Income $160,860

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,693

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Stories: 3
  • Year Built: 1900
  • LotSizeAcres: 0.259
  • Co List Office Mls Id: KWILA
  • Co List Office Mls Id: KWILA
  • Subdivision Name: Not in Development
  • HumanModifiedYN: Yes
  • PropertySubTypeAdditional: Apartment,Commercial
  • CurrentPrice: 2150000.0
  • Special Features: None

Interior Features

  • Living Area: 13344.0
  • Stories: 3

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street, Parking Lot, On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 41280.0
  • Annual Water Sewer Expense: 7500.0

Schools

  • Junior High Dist: Bethlehem

Lot Info

  • Lot Size Sq Ft: 11292.0
  • Zoning: CG- General Commercial

Multi Family

  • Number Of Units Total: 13
  • Electric Expense: 850.0
  • Insurance Expense: 7800.0
  • Property Net Operating Income: 160860.0

Tax Info

  • Tax Annual Amount: 23692.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2025
Closed on
Jan 13, 2026
Sold by
Dg Commons Limited Liability Company Llc
Bought by
Isha Realty Llc
Seller's Agent
Benjamin Diaz
Keller Williams Allentown
Buyer's Agent
Alpesh Patel
IronValley RE of Lehigh Valley
List Price
$2,600,000
Sold Price
$2,150,000
Premium/Discount to List
-$450,000
-17.31%
Views
51

Purchase Details

Closed on
Mar 22, 2013
Sold by
Alliance For Building Communities Inc
Bought by
Dg Commons Limited Liability & Company
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,150,000 Abe Settlement Services
Deed $610,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2026 01/15/26 Sold $2,150,000 -15.7% $161 / Sq Ft
11/06/2025 11/06/25 Pending -- -- --
09/11/2025 09/11/25 Price Changed $2,550,000 -1.9% $191 / Sq Ft
07/09/2025 07/09/25 For Sale $2,600,000 0.0% $195 / Sq Ft
05/01/2020 05/01/20 Rented $825 0.0% --
04/25/2020 04/25/20 Under Contract -- -- --
04/14/2020 04/14/20 For Rent $825 +26.9% --
01/01/2014 01/01/14 Rented $650 -10.3% --
12/06/2013 12/06/13 Under Contract -- -- --
10/29/2013 10/29/13 For Rent $725 -- --
Source: Greater Lehigh Valley REALTORS®

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
2025 $2,830 $262,000 $32,600 $229,400
2024 $23,158 $262,000 $32,600 $229,400
2023 $23,158 $262,000 $32,600 $229,400
2022 $22,977 $262,000 $32,600 $229,400
2021 $22,823 $262,000 $32,600 $229,400
2020 $22,605 $262,000 $32,600 $229,400
2019 $22,529 $262,000 $32,600 $229,400
2018 $21,982 $262,000 $32,600 $229,400
2017 $21,720 $262,000 $32,600 $229,400
2016 -- $262,000 $32,600 $229,400
2015 -- $262,000 $32,600 $229,400
2014 -- $262,000 $32,600 $229,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 760829

Greater Lehigh Valley REALTORS®

APN: P6SE2A-16-14-0204