Pending

Under Agreement

434 West Broad

Bethlehem City PA, 18018

$1,070,500


Pending

Under Agreement

Condos

Built in 1920

434 West Broad Street is a classically style 9-unit Mixed-Use building located in Bethlehem, Pennsylvania. Located less than 1/2 mile from the walkable Historic District of Bethlehem, this area is highly desirable due to its proximity to shopping, universities, dining, and key regional employers.

Originally constructed in 1920 and under the current ownership since 1975, this 3-story building has been improved and cared for at a very high level. The property is fully occupied and enjoys a strong unit-mix consisting of two ground-floor commercial units, one 2-bedroom apartment, one studio apartment and five 1-bedroom apartments. The mechanical systems have been maintained consistently as has the structure itself. Tenants enjoy clean common areas, a brightly-lit and immaculate laundry room and a garden-lined rear yard.

The current owners have preferred to provide tenants with a conservative rent structure which includes heat, trash & water/sewer. A new owner will have an opportunity to consider increasing the existing Base and Additional Rental income without capital expenditure.

This is a unique 'Turn Key' opportunity presenting a new owner with stability and significant upside in the region's most sought-after tenant locale

748767

MLS ID

November 18, 2024

Listed

December 3, 2024

Updated

Map

434 West Broad
Bethlehem City PA, 18018

School Information

School District

Bethlehem

Other Property Details

Area Name

Bethlehem-North


Taxes

$31,660


Tax Frequency

Annually


Garage

No


View

No


County

Lehigh


Water Source

Public


Pool

No


Zoning

CI

Listing History

Date

Event

Price

12/3/2024

Pending

Courtesy of BHHS Fox & Roach Macungie with Peter J. Adams,
Listing Contact:  

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Lehigh Valley Association of REALTORS®, Inc. Real Estate listings held by brokerage firms other than Rebecca Francis are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2024 Lehigh Valley Association of REALTORS®, Inc. All rights reserved.

Data last updated 12/3/2024

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