429 E 4th ST, Bethlehem City, PA 18015
429 E 4th ST, Bethlehem City, PA 18015
429 E 4th ST, Bethlehem City, PA 18015
429 E 4th ST, Bethlehem City, PA 18015
429 E 4th ST, Bethlehem City, PA 18015
429 E 4th ST, Bethlehem City, PA 18015
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Heather McFadden

Heather McFadden

+1(610) 360-1137
$ 999,000
Est. payment | /mo

10 Beds

7,712 SqFt

Save
$ 999,000
Est. payment | /mo
Save

10 Beds

7,712 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,712 sqft

Price per Sqft $129

Subdivision Not In Development

MLS Listing ID 777760

Bedrooms 10

HOA Y/N No

Year Built 1910

Annual Tax Amount $7,732

Lot Size 2,874 Sqft

Acres 0.066

Property Sub-Type Apartment

Property Description

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.

Location

State PA

County Northampton

Area Bethlehem-South

Direction Turn left onto S New Street and continue for approximately 0.2 miles. Turn right onto E 4th Street. Continue straight; your destination, 429 E 4th Street, will be on the right.

Interior

Interior Features Balcony

Heating Electric

Cooling Wall Unit(s), Wall/Window Unit(s)

Flooring Carpet

Fireplace No

Exterior

Parking Features On Street

Water Access Desc Public

Building

Story 3

Sewer Public Sewer

Water Public

Schools

School District Bethlehem

Others

Senior Community No

Tax ID P6SE1B-15-8-0204

Security Features Smoke Detector(s),Fire Escape

Energy Description 942.0

Special Listing Condition None

Listed by BetterHomes&GardensRE/Cassidon

Nearby Locations

Heather McFadden

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 360-1137

heather.m@morganelliproperties.com

1124 Linden Street, Bethlehem, Pennsylvania 18018, USA

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429 E 4th ST