2-unit mixed-use property generating $30,011 in gross income and $22,725 in net income. The asset features two occupied, income-producing units, including a street-level commercial space occupied by a barbershop and a second/third-floor 2-bedroom, 1-bath residential apartment. Lease expirations in 2026 provide defined near-term rollover. Current income is supported by documented leasing activity within the building and the surrounding South Bethlehem submarket. The commercial tenant pays all of its utilities. Landlord responsibilities are limited to taxes, insurance, water/sewer/trash, and heat for the residential unit only. This asset offers stable in-place income with upside driven by lease renewals and is well suited for investors seeking a mixed-use property with predictable operations, defined rollover, and income growth potential in a walkable, demand-supported location.
Features
2 bedrooms
3482 sq. ft. floor area
crop_free2880 sq. ft. lot size
cottageDuplex
Property history for 331 Broadway
2022
Sold
$115,000
20 Apr 2022
Happy sellers in Bethlehem
100%
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100% of sellers in Bethlehem reported that their sale price either exceeded or met their price expectations.
Bethlehem stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
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Local market activity for 2 bedroom duplexes in Bethlehem
Sold
For Sale
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