429 E 4th Street, Bethlehem, PA 18015
Local realty services provided by:ERA One Source Realty
429 E 4th Street,Bethlehem City, PA 18015
$1,100,000
- 10 Beds
- - Baths
- 7,712 sq. ft.
- Multi-family
- Active
Listed by: jessica tomasetti
Office: betterhomes&gardensre/cassidon
MLS#:777760
Source:PA_LVAR
Price summary
- Price:$1,100,000
- Price per sq. ft.:$142.63
About this home
Mixed-use investment opportunity in the heart of South Bethlehem! Ideally located just minutes from Lehigh University, this well-maintained property features four fully occupied residential units and a spacious 2,000+ sq. ft. commercial space with outstanding income-producing potential. The residential mix includes two 3-bedroom units and two 2-bedroom units, all thoughtfully updated with modern improvements including newer appliances and hot water heaters. The expansive street-level commercial space is currently vacant and offers endless possibilities for a restaurant, cafe;, retail storefront, office, creative studio, specialty business, and more. With strong visibility and a prime South Bethlehem location surrounded by ongoing development, dining, nightlife, and university activity, the opportunity for future growth is substantial. Residential rents are currently below market value, offering immediate value-add potential, while the commercial space presents the opportunity to significantly increase overall income once leased. Projected net income has the potential to exceed $70,000 annually through market rent adjustments and lease-up of the commercial space. Whether you're looking to expand your portfolio or invest in one of Bethlehem's most active growth corridors, this property offers strong income potential, value-add opportunities, and long-term upside....
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Home facts
- Year built:1910
- Listing ID #:777760
- Added:1 day(s) ago
- Updated:June 20, 2026 at 04:46 PM
Rooms and interior
- Bedrooms:10
- Flooring:Carpet
- Living area:7,712 sq. ft.
Heating and cooling
- Cooling:Wall Units, Wall Window Units
- Heating:Electric
Structure and exterior
- Year built:1910
- Building area:7,712 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Brick
- Levels:3 or More Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$142.63
- Tax amount:$7,732
Features and amenities
- Amenities:Balcony
Parking
- Parking description:On Street
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