Building Details

Year Built 1910

Listing Agency: Century 21 Ramos Realty

Listed By: Anthony Ramos · License #AB068035 Show Phone

Source: Jennysoldmine

Added: Jul 22 Changed: Oct 9 Last Checked: Oct 7 at 1:10PM

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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

Investment Insights

Based on property information with market context.

This offering combines three parcels in South Bethlehem. The property at 1529 E 6th St contains a 900-square-foot home on a 6,240-square-foot lot. A second parcel at 1521 E 6th St includes a 1,931-square-foot church building on a 1,615-square-foot lot. The church was previously converted to residential use and retains large open areas, high ceilings, oversized windows, and a lower-level basement.

Across the street, a separate 3,500-square-foot parking lot provides additional site area. The property is within Bethlehem’s revitalization and improvement zone, with access from the building to the City of Bethlehem Greenway. The three-parcel configuration supports consideration of residential, studio, gallery, or mixed-use concepts, subject to applicable approvals.

Key Highlights

• Three parcels offered together in South Bethlehem
• 900‑square‑foot home at 1529 E 6th St on a 6,240‑square‑foot lot
• 1,931‑square‑foot church building at 1521 E 6th St

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$28,684

Cap Rate

5.74%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$573,680 $573.7K

Cap Rate 7%

$409,771 $409.8K

Cap Rate 9%

$318,711 $318.7K

Market Conditions

NOI Build-Up for 2,833 SF

Gross rent

$51.0K $18.00/SF

− Vacancy

−$5.1K −$1.80/SF

EGI

$45.9K $16.20/SF

− OpEx

−$17.2K −$6.07/SF

NOI

$28.7K $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%

$573,680

Cap Rate 7%

$409,771

Cap Rate 9%

$318,711

Alternative Uses

Best Use

Mixed Use

$409.8K

$358.6K – $478.1K (±1% cap)

NOI $28,684 @ 7.0% cap · market cap 5.74%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$537.3K

$470.2K – $626.9K (±1% cap)

NOI $37,613 @ 7.0% cap · market cap 7.52%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Churches & religious facilities

Suggested Use

Top Pick Dental Office Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

266

Businesses Nearby

Explore this area 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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Includes a residential structure, church building, and separate parking parcel in South Bethlehem.

Where is this mixed-use property located?

The property is located at 1529 E 6th St Bethlehem, PA.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Three parcels offered together in South Bethlehem; 900‑square‑foot home at 1529 E 6th St on a 6,240‑square‑foot lot; 1,931‑square‑foot church building at 1521 E 6th St