

306 E Broad StreetBethlehem City, PA 18018
Multi-Family · 2 Beds · 2 Full Baths · 2,068 Sq. ft. | 0.07 Acres306 E Broad Street Overview
- Time on Site:
- 60 days
- Visits:
- 1
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.
306 E Broad Street Facts & Features
- Type Multi-Family
- Sq. ft. 2,068
- Price/Sq.ft. $193
- Lot 0.07 Acres
Details
General
School Information
- School District: Bethlehem
Income/Expenses
- Insurance Expense: 1966.0
- Maintenance Expense: 1000.0
- Net Operating Income: 30926.0
- Operating Expense: 8974.0
- Water Sewer Expense: 508.0
Building Information
- Year Built: 1900
Location/Region
- County Or Parish: Northampton
- MLS Area Major: Bethlehem-North
- Postal City: Bethlehem City
- Subdivision Name: Not in Development
Tax Information
- Tax Annual Amount: 4755.39
- Tax Assessed Value: 50800
General Information
- Parcel Number: P6NE1C 18 2 0204
- Property Sub Type: Apartment
- Property Type: Residential Income
- Senior Community: false
- Special Listing Conditions: None
- Zoning: 04CG
Interior
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Total: 2
- Bedrooms Total: 2
General Information
- Living Area: 2068.0
- Living Area Source: Assessor
- Stories: 2
- Stories Total: 2
Exterior
Parking Information
- Parking Total: 3.0
Lot Information
- Lot Size Area: 2889.0
- Lot Size Source: Public Records
- Lot Size Square Feet: 2889.0
- Lot Size Units: Square Feet
- Water Source: Public
Building Exterior/Construction
- Construction Materials: Vinyl Siding
General Information
- Number Of Units Total: 2
- Sewer: Public Sewer
Unit Information
Unit 2 Details
- Total Rent: 1545.0
- Actual Rent: 1545.0
- Beds Total: 2
- Baths Total: 1
- Description: Lease ends 01/31/2027
Unit 1 Details
- Total Rent: 1780.0
- Actual Rent: 1780.0
- Beds Total: 0
- Baths Total: 1
- Description: Lease ends 03/31/2027
306 E Broad Street Neighborhood
Community
18018 (Bethlehem City) Demographics
306 E Broad Street Monthly Cost
306 E Broad Street Market Data
Based on the last 30 days in this zip code
306 E Broad Street History
| Date | Value | Agent |
|---|---|---|
| 5/12/2026Source: Greater Lehigh Valley MLS | $399,000 -3.9% |
|
| 4/30/2026Source: Greater Lehigh Valley MLS | April 30, 2026 |
|
| 7/28/2025Source: Greater Lehigh Valley MLS | June 05, 2025 |