Fully occupied mixed-use two-unit investment property generating $39,900 in gross income and $30,926 in net income. The asset consists of a street-level commercial unit occupied by a long-term business tenant and a 2-bedroom, 1-bath residential apartment on the upper floor, providing a balanced income stream in a highly desirable North Bethlehem location.
The residential unit was recently updated, featuring new paint, carpet, stove, refrigerator, vanity, countertops, and ceiling lighting, and is currently leased with a tenant who moved in February 1, 2026. The commercial space is occupied by an established business, contributing to stable and predictable income.
Landlord responsibilities are limited to taxes, insurance, and water/sewer/trash, creating a minimal-expense structure that supports strong operational efficiency. Both units are fully leased, providing immediate and consistent cash flow.
Situated in a core Lehigh Valley location in North Bethlehem, the property benefits from strong tenant demand, proximity to local amenities, and long-term rental stability. With durable in-place income, low operating expenses, and a prime location where vacancy is rarely an issue, this asset presents an attractive opportunity for investors seeking reliable performance in a highly desirable market.
For sale
Price cut: $16K (5/12)
$399,000
306 E Broad St, Bethlehem, PA 18018
2beds
2,068sqft
Multi Family, Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
Street-level commercial unitNew paint
- 66 days |
- 626 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Akinlana Popoola 610-735-6082,
EXP Realty LLC 888-397-7352
Source: GLVR,MLS#: 776026
Originating MLS: Lehigh Valley MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None, Wall/Window Unit(s)
Interior area
- Total interior livable area: 2,068 sqft
Property
Parking
- Total spaces: 3
Features
- Stories: 2
Lot
- Size: 2,874 Square Feet
Details
- Parcel number: P6NE1C 18 2 0204
- Zoning: 04CG
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in Development
Location
- Region: Bethlehem
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $50,800
- Annual tax amount: $4,755
- Date on market: 4/30/2026
- Cumulative days on market: 105 days
Estimated market value
Not available
Estimated sales range
Not available
$1,987/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $399,000-3.9%$193/sqft |
Source: | ||
| 4/30/2026 | Listed for sale | $415,000-6.7%$201/sqft |
Source: | ||
| 4/29/2026 | Listing removed | $445,000$215/sqft |
Source: eXp Realty #773215 Report a problem | ||
| 3/27/2026 | Listed for sale | $445,000+113.9%$215/sqft |
Source: | ||
| 5/16/2022 | Sold | $208,000-13.3%$101/sqft |
Source: | ||
| 4/8/2022 | Pending sale | $240,000$116/sqft |
Source: | ||
| 4/7/2022 | Price change | $240,000-2%$116/sqft |
Source: | ||
| 3/24/2022 | Listed for sale | $245,000-2%$118/sqft |
Source: | ||
| 10/1/2021 | Listing removed | $250,000$121/sqft |
Source: | ||
| 8/7/2021 | Listed for sale | $250,000+117.4%$121/sqft |
Source: | ||
| 9/7/2017 | Sold | $115,000-23.3%$56/sqft |
Source: Public Record Report a problem | ||
| 5/1/2014 | Listing removed | $149,900$72/sqft |
Source: Equinox Advantage Real Estate Report a problem | ||
| 3/14/2014 | Listed for sale | $149,900$72/sqft |
Source: Equinox Advantage Real Estate Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,594 +2% | $50,800 |
| 2024 | $4,503 +0.3% | $50,800 |
| 2023 | $4,490 | $50,800 |
| 2022 | $4,490 +649.1% | $50,800 |
| 2021 | $599 | $50,800 |
| 2020 | $599 | $50,800 |
| 2018 | $599 | $50,800 |
| 2017 | -- | $50,800 |
| 2016 | -- | $50,800 |
| 2015 | -- | $50,800 |
| 2014 | -- | $50,800 |
| 2013 | -- | $50,800 |
| 2012 | -- | $50,800 |
| 2011 | -- | $50,800 |
| 2010 | -- | $50,800 |
| 2004 | -- | $50,800 |
| 2003 | -- | $50,800 |
| 2002 | -- | $50,800 |
| 2000 | -- | $50,800 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 18018
Nearby schools
GreatSchools rating
- 4/10Thomas Jefferson Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10Northeast Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Liberty High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Bethlehem
Source: GLVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Northampton County
- Bethlehem
- 18018
- 306 E Broad St






