Karla Leone - Coldwell Banker Hearthside
701 Northampton St
Easton, PA 18042

Description

80k NET INCOME* and over 375k invested in remodeling & upgrading this 3 luxury apartments + 2 com storefronts in center city Easton near the proposed $130 million dollar aquarium. Located 1.5 blocks from Centre Square. 1st commercial unit faces Northampton & will be renovated into a restaurant w/ outdoor seating. Superior visibility & frontage. 2nd commercial unit faces 7th. High-ceiling apartments were previously rented at $1k each & w/ completed renovation can rent for $1,250+ each. Tenants pay for water, elec, stove. The building includes 8 parking spots. W/ commercial rent is $7,750/mo gross including billboards after 2020. Ownership of both billboards which could generate a projected rent of $3,000 per month. *Sidewalks being redone as well *All NEW HQ Hardwood *repainted & weatherized brick *Owners putting in 20k+/mo. Perfect building. All foundation sound. No leaks in roof or basement. *Projected.

Details

MLS#585091
Sub-TypeResale
StatusActive
Year1900
Days On Site102

Features

SQ Feet5,766
Units5

Additional Information

County Taxes522.74
Municiple Taxes1105.29
School Taxes2841.40
Total Taxes4469.43

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Area Information

StatePA
CountyNorthampton
CityEaston
Zip Code18042
AreaEaston
Listing VS Median (in 18042)
Price:
$825,000
low | high
Med:
$120,000
100% of Average
SqFt:
5,766
low | high
Med:
1,288
100% of Average
$ / SqFt:
$143
low | high
Med:
$93
84.884246188594% of Average
On Site:
102
low | high
Med:
12
100% of Average
Listing Updated: 10/14/2018
MLS Number: 585091
Listing Provided By:
Tejas Gosai  of  CENTURY 21 Keim