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701 NORTHAMPTON ST
Easton, PA 18042

$825,000 
  • -- Beds
  • -- Baths
  • 5,766 sqft
  • Residential Income | Commercial
  • Available
701 NORTHAMPTON ST, Easton - 278973520
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Property Description for 701 NORTHAMPTON ST, Easton PA 18042

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.

  • Property Class: Investment Property
  • Listing Status: Available
  • City: Easton
  • State: PA
  • Zip: 18042
  • Area: 78 – Easton
  • County: Northampton
  • Class: Residential Income
  • Property Subtype: Commercial
  • Approx Lot Size: 0.092
  • Stories: 3
  • Baths (F/H): -- / --
  • Living Area (SqFt): 5,766 sqft
  • Lot Sq Ft Apx: 4000
  • Year Built: 1900
  • Listing#: 585091
  • School District: Easton
  • Association: Lehigh Valley MLS
  • List Date: 7/5/2018
  • Last updated on: 9/18/2018

Property Features for 701 NORTHAMPTON ST, Easton PA 18042

  • Construction: Brick
  • Property Sub Type Category: Commercial
  • Cooling: Ceiling Fan, Central Ac
  • Parking: Off Site
  • Water: Public
  • Sewer: Public

Additional Information for 701 NORTHAMPTON ST, Easton PA 18042

  • Lot Size Source: Other
  • Square Footage Source: Other
  • School District: Easton
  • Water Sewer: 3000
  • Gross Income: 93000.00
  • Net Income: 78594.00
  • Operating Expense: 14406
Courtesy of CENTURY 21 KEIM
Copyright 2018, Lehigh Valley AOR. All Rights Reserved.
Based on information from the Lehigh Valley Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed.