306 E Broad Street, Bethlehem, PA 18018
MULTI_FAMILY - Bethlehem City, PA
- Added:
- Apr 30, 2026
- Days on Market:
- 55
- Last Refresh:
- Jun 23 at 12:06 am
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 1, Bathroom 2, Bedroom 2, 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 agent Akinlana Popoola (412) 925-5551
Listing office EXP Realty LLC 168 W Ridge Pike, Unit 101, pittsburgh, PA (888) 397-7352
Listing date Apr 30, 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
- Fully occupied mixed‑use 2‑unit property generating $39,900 gross income and $30,926 net income.
- Street‑level commercial unit with a long‑term business tenant plus an upstairs 2‑bedroom, 1‑bath residential apartment.
- Residential unit recently updated with new paint, carpet, stove, refrigerator, vanity, countertops, and ceiling lighting.
- Residential tenant moved in February 1, 2026; both units are fully leased for consistent occupancy.
- Public water and public sewer with landlord responsibilities limited to taxes, insurance, and water/sewer/trash.
- Built in 1900 with vinyl siding; heating is baseboard and cooling is window unit(s).
Overview
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 | $37.2k | $18.00 |
| − Vacancy | −$3.2k | −$1.53 |
| EGI | $34.1k | $16.47 |
| − OpEx | −$12.8k | −$6.18 |
| NOI | $21.3k | $10.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.370226
- Latitude
- 40.621881
