13 15 E 3rd Street, Bethlehem, PA 18015
MULTI_FAMILY - Bethlehem City, PA
- Added:
- Jun 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 10 at 2:06 am
Property Features for 13 15 E 3rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 04CB
- Standard status
- Active
- APN
- P6SE1A 5 6 0204
- Size
- 17,350 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4681
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 2
Listing agent Neel Shah (610) 770-9000 x124
Listing office RE/MAX Real Estate 3120 Hamilton Boulevard, Allentown, PA (610) 770-9000
Listing date Jun 9, 2026
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.
HighLights
- Historic 3‑story building built in 1900 with ~17,350 SF total for mixed‑use commercial and potential residential space.
- Three street‑level entrances serving different portions of the building, providing separate access to multiple floors and areas.
- Two commercial entrances: access to first floor, basement, second floor rear, and outdoor roof deck; delivered as open shell for tenant build‑out.
- Third entrance serves the second floor front and third floor; zoning approval for 5 residential units transfers with the sale.
- Upper floors can alternatively be used as additional commercial space under Central Business Zoning.
- Public water and public sewer; near ArtsQuest, SteelStacks, Hilton Tempo Hotel, Wind Creek, and Lehigh University with direct I‑78 access.
Local Financial Insights For Mixed Use
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 | $312.3k | $18.00 |
| − Vacancy | −$26.5k | −$1.53 |
| EGI | $285.8k | $16.47 |
| − OpEx | −$107.2k | −$6.18 |
| NOI | $178.6k | $10.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.3779
- Latitude
- 40.612242
