429 E 4th St, Bethlehem, PA 18015
- $1,100,000
- 10
- BD
- 7,712
- SqFt
- List Price
- $1,100,000
- MLS#
- 777760
- Status
- ACTIVE
- Type
- Multifamily
- City
- Bethlehem
- Area
- Bethlehem-South
- County
- Northampton
- Bedrooms
- 10
- Living Area
- 7,712
- Lot Size
- 2,870
- Year Built
- 1910
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.
Additional Information
- Acres
- 0.07
- Cooling
- Window/Wall, Window/Wall
- Interior Features
- Balcony
- Living Area
- 7,712
- Lot Size
- 2,870
- Region
- Bethlehem-South
- School District
- Bethlehem
- Sewer
- Public Sewer
- Stories
- 3
- Subdivision
- Not In Development
- Zoning
- 04CG
Mortgage Calculator
Listing courtesy of BetterHomes&GardensRE/Cassidon. Contact:
The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.