Description
Exceptional investment opportunity in one of Easton's fastest-growing locations. This fully renovated mixed-use property was completely rebuilt within the last year, offering investors the benefits of a virtually new construction building with minimal deferred maintenance. The property features two spacious 2-bedroom residential apartments, one 1-bedroom apartment, and a fully leased commercial storefront currently operating as a successful bodega. In addition, the property includes two garages, with one currently leased for additional income and the second owner-occupied, providing immediate upside potential for increased cash flow. With multiple income streams, strong in-place tenancy, and significant recent capital improvements throughout, this is a rare opportunity to acquire a turnkey investment in a thriving market. Whether you're looking to expand your portfolio or complete a 1031 exchange, this property offers stable income with future upside.
Details
| MLS # | 781978 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 76 |
| Listing Provided By | Morganelli Properties LLC | Ryan L. Romeo |
Features
| SQ Feet | 3,452 |
|---|---|
| Units | 4 |
| Zoning | 10RMD |
| Acreage | 0.06 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage |
Taxes
| Tax Annual Amount | 9944.45 |
|---|
Area Information
| State | PA |
|---|---|
| County | Northampton |
| City | Easton |
| Zip Code | 18042 |
| Area | Easton |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $879,000 low | high Med: $289,900 sqft: 3,452 low | high Med: 1,560 $ / sqft: $255 low | high Med: $186 On site: 76 low | high Med: 23 | |
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Learn More About This Property
| State | PA |
|---|---|
| County | Northampton |
| City | Easton |
| Zip Code | 18042 |
| Area | Easton |
| Community Name | Not in Development |
| Listing VS Median (in Not in Development) | |
Price: $879,000 low | high Med: $289,900 sqft: 3,452 low | high Med: 1,560 $ / sqft: $255 low | high Med: $186 On site: 76 low | high Med: 23 | |