3348 Easton Avenue, Middletown, PA 18020
Local realty services provided by:ERA One Source Realty
3348 Easton Avenue,Bethlehem City, PA 18020
$1,475,000
- - Beds
- - Baths
- 6,886 sq. ft.
- Multi-family
- Active
Listed by: kyle kerecman
Office: ironvalley re of lehigh valley
MLS#:785386
Source:PA_LVAR
Price summary
- Price:$1,475,000
- Price per sq. ft.:$214.2
About this home
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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Home facts
- Year built:1940
- Subdivision & Development:Not in Development
- Listing ID #:785386
- Added:3 day(s) ago
- Updated:October 03, 2026 at 03:49 PM
Rooms and interior
- Living area:6,886 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1940
- Building area:6,886 sq. ft.
- Lot area:0.35 Acres
- Construction Materials:Vinyl Siding
- Levels:3 or More Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,475,000
- Price per sq. ft.:$214.2
- Tax amount:$7,039
Parking
- Total parking spaces:23
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