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331 Broadway

Bethlehem PA 18015

2
3482 sq. ft.
2880 sq. ft.
Duplex
Currently for sale - view listing

Overview

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
2880 sq. ft. lot size
Duplex

Property history for 331 Broadway

2022
Sold
$115,000
20 Apr 2022

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