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Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 10,743 sqft
Price per Sqft $167
MLS Listing ID 759321
HOA Y/N No
Year Built 1900
Annual Tax Amount $9,647
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Apartment
Property Description
This 10 unit property is a rare opportunity to own a profitable investment in the vibrant heart of historic downtown Easton. This prime location, a block off Easton's Center Square, offers unparalleled accessibility and walkability to downtown events, restaurants, shops, concerts in the park, galleries, the riverfronts, the Easton Farmers Market and Public Market, College Hill, and Lafayette College.
Featuring three ground-level commercial units occupied by excellent long term tenants, an outdoor courtyard and seven well maintained and updated residential units above. The residential mix is highly appealing: three spacious 2-bedroom units, each with gas heat and updated modern kitchens; two comfortable 1-bedroom units with electric heat (one boasting a modern kitchen and a private rear deck); and two efficient studio apartments (one with electric baseboard heat and updated kitchen/electric, the other with gas heat, updated flooring/electric). The large, lush courtyard is a very appealing and rare feature in the heart of the downtown area.
This building represents an excellent cashflow opportunity in a thriving and growing historic city. Don't miss it.
Location
State PA
County Northampton
Area Easton
Direction From US-22 E take the 4th street / PA 248 exit toward PA-611. Continue onto 4th street. Left onto Spring Garden St. Right onto N 2nd street. Right onto Northampton Street. Property on right hand side.
Interior
Cooling Central Air
Inclusions Lease, Real Estate Only
Fireplace No
Exterior
Street Surface None
Schools
School District Easton
Others
Tax ID L9SE2B 2 6 0310
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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