Former Church with
For Sale
$350,000
1521 East 6th Street, Bethlehem, PA 18015
Historic property with flexible interior volume, oversized windows, and direct access to the City of Bethlehem Greenway.
Property Size1,931 SF
Days on Market296
Property Features for 1521 East 6th Street
General Information
Standard status
Active
Size
1,931 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,510
Building Details
Building Size
1,931 SF
Year Built
1916
Buildings
1
Listing Agency:
Century 21 Ramos Realty
Listed By:
Anthony Ramos · License #AB068035
(484) 695-4887
Source:
Bhhspaulfordrealtors
Added: Jan 2
Changed: Oct 16
Last Checked: Oct 24 at 10:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Ramos Realty
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Investment Insights
Based on property information with market context.
Built in 1916, this former church was converted to residential use and retains large open areas, high ceilings, and oversized windows that bring in substantial natural light. A spacious lower-level basement provides additional interior area for storage, creative work, or other uses supported by the property’s configuration.
The building is located within Bethlehem’s revitalization and improvement zone, with direct access to the City of Bethlehem Greenway immediately behind the property. The existing layout and former religious-facility character provide a distinctive foundation for continued residential use or a future studio, gallery, or mixed-use concept.
The building is located within Bethlehem’s revitalization and improvement zone, with direct access to the City of Bethlehem Greenway immediately behind the property. The existing layout and former religious-facility character provide a distinctive foundation for continued residential use or a future studio, gallery, or mixed-use concept.
Key Highlights
- Former church converted to residential use
- Built in 1916
- Large open interior areas with high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,551
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,020
$391.0K
Cap Rate 7%
$279,300
$279.3K
Cap Rate 9%
$217,233
$217.2K
Market Conditions
NOI Build-Up for 1,931 SF
Gross rent
$34.8K $18.00/SF
− Vacancy
−$3.5K −$1.80/SF
EGI
$31.3K $16.20/SF
− OpEx
−$11.7K −$6.07/SF
NOI
$19.6K $10.13/SF
Area
Northampton County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,020
Cap Rate 7%
$279,300
Cap Rate 9%
$217,233
Alternative Uses
Best Use
Mixed Use
$279.3K
$244.4K – $325.9K
NOI $19,551 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$366.3K
$320.5K – $427.3K
NOI $25,638 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
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Business Placement
Demographics for 18015, PA
33,286
Population
12,867
Households
2.6
Avg Household Size
32
Median Age
31%
College-Educated
87%
High-School Grad
23.2 sq mi
ZIP Area
1,435
Density / Sq Mi
$58,470
Median Household Income
$32,703
Median Earnings
$1,310
Median Rent
$243,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Historic property with flexible interior volume, oversized windows, and direct access to the City of Bethlehem Greenway.
Where is this church & religious facility located?
The property is located at 1521 East 6th Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Former church converted to residential use; Built in 1916; Large open interior areas with high ceilings
