434 West Broad Street
$1,070,500
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Description
434 West Broad Street is a classically style 9-unit Mixed-Use building located in Bethlehem, Pennsylvania. Located less than ½ 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...434 West Broad Street is a classically style 9-unit Mixed-Use building located in Bethlehem, Pennsylvania. Located less than ½ 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
- Listed by Peter J. Adams • BHHS Fox & Roach Macungie
Property Details for 434 West Broad Street
Area
Bethlehem-North
Sub divisionNot in Development
LISTING UPDATED: 11/19/2024 12:02 PM
Property Details for 434 West Broad Street
Status | Available |
---|---|
MLS # | 748767 |
Days on Market | 4 |
Taxes | $31,660 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Apartment Style |
Year Built | 1920 |
County | Lehigh County |
Building Information for 434 West Broad Street
Building/Complex434 W Broad StFloor-Stories3Residences9Pet Policy-Year Built1920Building Size-
Property Information for 434 West Broad Street
Property History for 434 West Broad Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 434 West Broad Street
Taxable ValueLand$26,800Additions$323,300Total$350,100
Tax Record2024$9,943 ($829 / month)
Home Facts
Total Finished SqFt6,347 SqFtAbove Grade Finished SqFt6,347 SqFtStories3Lot Size3,795 SqFtStyleOffice BuildingYear Built1920ZoningCLCountyLEHIGHAPN642738649744-1
Schools near 434 West Broad Street
This home is within Bethlehem Area School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | K to 8 |
Rating | School | Distance |
---|---|---|
James Buchanan El School PublicK to 5 | ||
Nitschmann Middle School Public6 to 8 | ||
Liberty High School Public9 to 12 | ||
Seton Academy PrivateK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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