$2,600,000

Estimated payment $16,141/month

Total Views 3,365
-- Bed
-- Bath
13,344 Sq Ft
$195 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

Benjamin Diaz

Keller Williams Allentown Listed on: 07/09/2025

Keller Williams Allentown

Co-Listing Agent

James Balliet

Keller Williams Allentown

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
  • PropertySubTypeAdditional: Commercial
  • 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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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

Property History

Date Event Price Change Sq Ft Price
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®

Purchase History

Date Type Sale Price Title Company
Deed $610,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Commercial
Closed $457,500 Commercial
Previous Owner $170,180 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Greater Lehigh Valley REALTORS®

MLS Number: 760829

Greater Lehigh Valley REALTORS®

APN: P6SE2A-16-14-0204