About this home

Mixed-use investment opportunity in the heart of South Bethlehem! Ideally located just minutes from Lehigh University, this well-maintained property features four fully occupied residential units and a spacious 2,000+ sq. ft. commercial space with outstanding income-producing potential. The residential mix includes two 3-bedroom units and two 2-bedroom units, all thoughtfully updated with modern improvements including newer appliances and hot water heaters. The expansive street-level commercial space is currently vacant and offers endless possibilities for a restaurant, cafe;, retail storefront, office, creative studio, specialty business, and more. With strong visibility and a prime South Bethlehem location surrounded by ongoing development, dining, nightlife, and university activity, the opportunity for future growth is substantial. Residential rents are currently below market value, offering immediate value-add potential, while the commercial space presents the opportunity to significantly increase overall income once leased. Projected net income has the potential to exceed $70,000 annually through market rent adjustments and lease-up of the commercial space. Whether you're looking to expand your portfolio or invest in one of Bethlehem's most active growth corridors, this property offers strong income potential, value-add opportunities, and long-term upside.

Facts and features

Schools

• Broughal Middle School

  middle · 6-8 · 0.5 mi

  5

• Donegan Elementary School

  elementary · K-5 · 0.7 mi

  5

• Liberty High School

  high · 9-12 · 1.3 mi

  3

• Holy Infancy School

  elementary · K-8 · 0.2 mi

• Lehigh Valley Dual Language Charter School

  elementary · K-8 · 0.2 mi

  4

• Gateway School Of Lehigh Valley

  middle · 7-12 · 0.6 mi

Price history

• Oct 12, 2026 · Price Changed$899,000
• Jul 31, 2026 · Price Changed$999,000
• Jun 20, 2026 · Listed$1,100,000
• Mar 1, 2017 · Sold$100,000

Tax history

• 2026$7,732 tax · $82,600 assessed
• 2024$7,321 tax · $82,600 assessed
• 2023$7,301 tax · $82,600 assessed
• 2022$7,244 tax · $82,600 assessed
• 2021$7,195 tax · $82,600 assessed
• 2020$7,126 tax · $82,600 assessed
• 2019$7,102 tax · $82,600 assessed
• 2018$6,930 tax · $82,600 assessed

Home value

$884,896

• Quantarium$884,896

Where it is