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Residential Income Property Opportunity

930 Mechanic Street Bethlehem, PA 18015

930 Mechanic Street, Bethlehem, PA, 18015
$144,900
For Sale
$144,900

MULTI_FAMILY - Bethlehem City, PA

Property Size916 SF
Lot Size0.02 Acres
Price / SF$158.19
Days on Market32

Property Features for 930 Mechanic Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
04RM
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 1, Bedroom 2, 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
Listed by Jie W. Zhou
Added: Jun 20 Updated: Jul 21 at 8:39AM Checked: Jul 21 at 12:06PM
MLS# 779390

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.

This residential income property offers two bedrooms and one full bathroom, along with a kitchen and spacious living room. The home includes an unfinished basement and backyard space, providing additional area for storage or other uses as appropriate. A clear Certificate of Occupancy from Bethlehem City is included, supporting immediate peace of mind for new owners.

The property is located in Bethlehem City, in South Bethlehem, in Northampton County, Pennsylvania. The listing describes convenient proximity to Lehigh University, Steel Stacks, Wind Creek Casino, restaurants, shopping, hospitals, and major highways.

With a lot size of 0.02 acres and approximately 916 square feet of property size, this is a compact single-family style investment candidate with straightforward interior layout and outdoor space.

Key Highlights

  • Brick home with natural gas heat
  • Certificate of Occupancy issued by Bethlehem City
  • 2 bedrooms and 1 full bathroom with a kitchen and spacious living room

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 (±1% cap)
NOI $5,351 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$134.7K
$117.9K – $157.2K (±1% cap)
NOI $9,429 @ 7.0% cap · market cap 6.51%
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

Suggested Use

(Bike/Boat/Book/etc) Store Garden Center Acupuncture Travel Agency Storage Facility Kitchen & Bath Showroom Tanning Salon Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Single residential income property with two bedrooms, a full bath, kitchen, living room, and an unfinished basement plus 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 $144,900.
What are key features of this property?
This property features: Brick home with natural gas heat; Certificate of Occupancy issued by Bethlehem City; 2 bedrooms and 1 full bathroom with a kitchen and spacious living room
Contact an agent
More about this property
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