3348 Easton Avenue, Bethlehem Twp, PA 18020
sale
$1,475,000
|
Office
Courtesy Of Iron Valley Real Estate of Lehigh Valley
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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Property Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Building Units: 7
- Cooling System: Ceiling Fan(s)
- Cooling System: Central Air
- Exterior Type: VinylSiding
- Floor Covering: Vinyl
- Floor Covering: Wood
- MLSID: 785892
- Parking Spaces: 23
- Roof Type: Composition
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