3348 Easton Avenue
Property Description
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.
Broker Details
Iron Valley Real Estate of Lehigh Valley (484) 241-1011
MLS ID: kerecma9
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,475,000 |
| No. of Units: | 7 |
| Year Built: | 1940 |
| Lot Size: | 6,886.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $210,714 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-LVARPA-785386
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