306 E Broad Street Bethlehem, PA 18018
MULTI_FAMILY - Bethlehem City, PA
Property Features for 306 E Broad Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- 04CG
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 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 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.
Investment Insights
Based on property information with market context.
The commercial space is occupied by a long-term business tenant, supporting stable rental performance. The property is generating stated income of $39,900 in gross income and $30,926 in net income. Per the remarks, landlord responsibilities are limited to taxes, insurance, and water/sewer/trash, supporting a minimal-expense structure.
Both units are fully leased, providing immediate and consistent cash flow, with the property positioned for long-term rental stability in North Bethlehem.
Key Highlights
- Fully occupied mixed‑use two‑unit property generating $39,900 gross income and $30,926 net income
- Street‑level commercial unit leased by a long‑term business tenant
- Upper‑floor residential unit is a 2‑bedroom, 1‑bath apartment
Local 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 |
