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Key Details
Sold Price $300,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 1,986 sqft
Price per Sqft $151
Subdivision Not In Development
MLS Listing ID 752471
Sold Date 03/24/25
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,398
Lot Size 2,134 Sqft
Acres 0.049
Property Sub-Type Apartment
Property Description
Prime Investment Opportunity in the Heart of Easton!
This fantastic two-unit property is perfectly situated in the heart of Easton, offering tenants an easy walk to shopping, dining, and transportation. With current gross rents nearing $29,000 and most operating expenses passed on to tenants, this property presents a strong investment opportunity with significant upside potential.
Rents are currently approximately 30% below market, providing the potential to increase cash flow by stabilizing the rent roll. Both units are occupied on annual leases with time remaining, ensuring immediate rental income.
Don't miss out on this exceptional opportunity! Call today to schedule your private walkthrough.
Location
State PA
County Northampton
Area Easton
Direction From 22- Exit 13th St and Wood Ave- Take Wood Ave to N Warren St and Make a Right Hand Turn. Property will be on your left.
Interior
Heating Baseboard, Gas, Hot Water
Cooling None
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Easton
Others
Senior Community No
Tax ID L9SE1A 6 6 0310
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition None
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Bought with Real Estate of America