Residential Income with Two
930 Mechanic Street Bethlehem, PA 18015
930 Mechanic Street, Bethlehem, PA, 18015
$147,900
For Sale
$147,900
MULTI_FAMILY - Bethlehem City, PA
Property Size916 SF
Lot Size0.02 Acres
Price / SF$161.46
Days on Market29
Property Features for 930 Mechanic Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 04RM
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 1
- Parking features
- Garage
- Standard status
- Active
- APN
- P6SE2A-17-9-0204
- Size
- 916 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1835
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Brick
Listing Agency
RE/MAX Real Estate
(610) 770-9000
3120 Hamilton Boulevard, Allentown, PA
Listed by
Jie W. Zhou
(610) 770-9000 x124
Added: Jun 20 Checked: Jul 18 at 6:06 am
MLS# 779390
Listing URL
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.
Residential income property at 930 Mechanic Street in Bethlehem City, PA 18015, offered for sale with a clear Certificate of Occupancy from Bethlehem City. The home includes two bedrooms and one full bathroom, along with a kitchen and spacious living room. Additional features include an unfinished basement and backyard space, providing straightforward indoor/outdoor functionality.
The property is located in the heart of South Bethlehem and is described as conveniently close to Lehigh University, Steel Stacks, Wind Creek Casino, restaurants, shopping, hospitals, and major highways.
Zoning is listed as 04RM. Lot size is provided as 0.02 acres, and the property size is listed as 916 square feet.
The property is located in the heart of South Bethlehem and is described as conveniently close to Lehigh University, Steel Stacks, Wind Creek Casino, restaurants, shopping, hospitals, and major highways.
Zoning is listed as 04RM. Lot size is provided as 0.02 acres, and the property size is listed as 916 square feet.
Key Highlights
- Certificate of Occupancy issued by Bethlehem City for immediate peace of mind
- Brick home with 2 bedrooms and 1 full bathroom, plus kitchen and spacious living room
- Unfinished basement and backyard space
Local Financial Insights For Apartment 5plus
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 | $10.6k | $11.52 |
| − Vacancy | −$823 | −$0.90 |
| EGI | $9.7k | $10.62 |
| − OpEx | −$4.4k | −$4.78 |
| NOI | $5.4k | $5.84 |
916 SF · lease $11.52/SF/yr · vacancy 7.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$76.4K
$66.9K – $89.2K
NOI $5,351 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$134.7K
$117.9K – $157.2K
NOI $9,429 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Single residential unit with clear city Certificate of Occupancy, two bedrooms, a full bath, unfinished basement, and backyard space.
Where is this single family property located?
The property is located at 930 Mechanic Street Bethlehem, PA.
What is the asking price?
The asking price for this property is $147,900.
What are key features of this property?
This property features: Certificate of Occupancy issued by Bethlehem City for immediate peace of mind; Brick home with 2 bedrooms and 1 full bathroom, plus kitchen and spacious living room; Unfinished basement and backyard space
