434 West Broad

Bethlehem, PA 18018

434 West Broad Street is a classically style 9-unit Mixed-Use building located in Bethlehem, Pennsylvania. Located less than 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

This is an Active listing.

Broker Office Phone Number: 484-519-4444

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