Mixed-Use Two-Unit Investment
306 E Broad Street Bethlehem, PA 18018
For Sale
$379,900
MULTI_FAMILY - Bethlehem City, PA
Property Size2,068 SF
Lot Size0.07 Acres
Price / SF$183.70
Days on Market89
Property Features for 306 E Broad Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- 04CG
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
- Parking
- 3
- Standard status
- Active
- APN
- P6NE1C 18 2 0204
- Size
- 2,068 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4755
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- VinylSiding
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
Akinlana Popoola · License #RS379206
(610) 735-6082
Added: Apr 30
Changed: Jul 24
Last Checked: Jul 26 at 11:06PM
MLS# 776026
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully occupied mixed-use two-unit property includes a street-level commercial unit and an upstairs 2-bedroom, 1-bath residential apartment. The commercial space is occupied by an established business operating at the property since 1990. The residential unit has been recently updated with new paint and carpet, as well as a new stove, refrigerator, vanity, countertops, and ceiling lighting, and it is currently leased with a tenant who moved in February 1, 2026.
The property is located at 306 E Broad Street in Bethlehem City, in Northampton County, Pennsylvania, and is described as being in the North Bethlehem market. Both units are leased, providing an immediate and consistent cash flow profile.
The landlord responsibilities are limited to taxes, insurance, and water/sewer/trash, and the offering is presented as a diversified income stream supported by in-place tenants.
The property is located at 306 E Broad Street in Bethlehem City, in Northampton County, Pennsylvania, and is described as being in the North Bethlehem market. Both units are leased, providing an immediate and consistent cash flow profile.
The landlord responsibilities are limited to taxes, insurance, and water/sewer/trash, and the offering is presented as a diversified income stream supported by in-place tenants.
Key Highlights
- Fully occupied mixed‑use two‑unit property with a street‑level commercial unit and a 2‑bedroom residential apartment
- Generates $39,900 in gross income and $30,926 in net income
- Commercial unit is occupied by a long‑standing business operating at the property since 1990
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.8k | $10.56 |
| − Vacancy | −$1.7k | −$0.82 |
| EGI | $20.1k | $9.74 |
| − OpEx | −$6.0k | −$2.92 |
| NOI | $14.1k | $6.82 |
2,068 SF · lease $10.56/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$201.3K
$176.2K – $234.9K
NOI $14,094 @ 7.0% cap · market cap 3.71%
Second Best
Multifamily LT 5
$197.6K
$172.9K – $230.5K
NOI $13,832 @ 7.0% cap · market cap 3.64%
Theoretical Best
Mixed Use
$304.1K
$266.1K – $354.8K
NOI $21,287 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lehigh Valley Business ...
Computer & Electronic Repair
Ralph B Herbert ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Duplex - Fully occupied street-level commercial space with an upstairs 2-bedroom, 1-bath apartment generating income from both units.
Where is this duplex located?
The property is located at 306 E Broad Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Fully occupied mixed‑use two‑unit property with a street‑level commercial unit and a 2‑bedroom residential apartment; Generates $39,900 in gross income and $30,926 in net income; Commercial unit is occupied by a long‑standing business operating at the property since 1990
