3348 Easton Ave, Bethlehem, PA 18020
- $1,475,000
- 6,886
- SqFt
- List Price
- $1,475,000
- MLS#
- 785386
- Status
- ACTIVE
- City
- Bethlehem
- Area
- Bethlehem Twp.
- County
- Northampton
- Neighborhood
- Not In Development
- Living Area
- 6,886
- Lot Size
- 15,400
- Year Built
- 1940
Property Description
Exceptional opportunity to acquire a fully renovated 7-unit mixed-use investment property featuring 4 commercial units and 3 residential units. Offered at an attractive 7% cap rate, this property combines strong income potential with low taxes and efficient operating expenses. Tenants are responsible for the majority of utilities, helping maximize net operating income. The building has undergone extensive renovations, including updated flooring, siding, roofing, electrical systems, HVAC, and more, with improvements permitted and certified through Bethlehem Township. Interiors feature luxury vinyl plank flooring, upscale lighting, exposed brick accents, and ADA-compliant commercial restrooms, creating attractive and functional spaces for both tenants and customers. Positioned along a highly traveled commercial corridor with approximately 15,000–20,000 vehicles passing daily, the property offers excellent visibility and exposure. An outstanding opportunity for a traditional investor, 1031 exchange buyer, or owner-operator looking to occupy a commercial unit while benefiting from income generated by the remaining tenants. With 7 income-producing units, low operating expenses, significant recent improvements, and a prime location, this is a turnkey mixed-use investment opportunity with long-term potential.
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Additional Information
- Acres
- 0.35
- Cooling
- Central Air
- Living Area
- 6,886
- Lot Size
- 15,400
- Parking Spaces
- 23
- Region
- Bethlehem Twp.
- School District
- Bethlehem
- Sewer
- Public Sewer
- Stories
- 3
- Taxes
- $7,038
- Zoning
- 05NC
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Listing courtesy of IronValley RE of Lehigh Valley.
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