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.
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.
Neighborhood
Type
County
Northampton
Area
Bethlehem City
Tax Amount
$4,989
Status
Active
Listing #
PANH2009246
Built
1900
Lot Size
0.07
Listed on site
122 days
Listing Agent Id
304397677916