457 West Lincoln Street, Easton PA 18042 Photo 1 457 West Lincoln Street, Easton PA 18042 Photo 2 457 West Lincoln Street, Easton PA 18042 Photo 3 457 West Lincoln Street, Easton PA 18042 Photo 4 457 West Lincoln Street, Easton PA 18042 Photo 5 457 West Lincoln Street, Easton PA 18042 Photo 6 457 West Lincoln Street, Easton PA 18042 Photo 7 457 West Lincoln Street, Easton PA 18042 Photo 8 457 West Lincoln Street, Easton PA 18042 Photo 9 457 West Lincoln Street, Easton PA 18042 Photo 10 457 West Lincoln Street, Easton PA 18042 Photo 11 457 West Lincoln Street, Easton PA 18042 Photo 12 457 West Lincoln Street, Easton PA 18042 Photo 13 457 West Lincoln Street, Easton PA 18042 Photo 14 457 West Lincoln Street, Easton PA 18042 Photo 15 457 West Lincoln Street, Easton PA 18042 Photo 16 457 West Lincoln Street, Easton PA 18042 Photo 17 457 West Lincoln Street, Easton PA 18042 Photo 18 457 West Lincoln Street, Easton PA 18042 Photo 19 457 West Lincoln Street, Easton PA 18042 Photo 20 457 West Lincoln Street, Easton PA 18042 Photo 21 457 West Lincoln Street, Easton PA 18042 Photo 22 457 West Lincoln Street, Easton PA 18042 Photo 23 457 West Lincoln Street, Easton PA 18042 Photo 24 457 West Lincoln Street, Easton PA 18042 Photo 25 457 West Lincoln Street, Easton PA 18042 Photo 26 457 West Lincoln Street, Easton PA 18042 Photo 27 457 West Lincoln Street, Easton PA 18042 Photo 28 457 West Lincoln Street, Easton PA 18042 Photo 29 457 West Lincoln Street, Easton PA 18042 Photo 30

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457 West Lincoln Street - 82,000 SF five story industrial building approved for conversion to 72 residential units. Building sits on 1.3 AC of zoned MD-Res and Industrial use land. Property has undergone Phase I & II Inspections as well as Lead and Asbestos Remediation. Currently there is an active demo permit and demolition is underway. Property will be sold with all approvals, permits, and full construction docs. The new owner will literally be able to take over and continue with construction. A construction firm is in place and ready to get started or new owner can use their own firm. Current bid is 7.1M and post renovation value exceeds 13 million! Clearly a project worth considering. Seller will consider Joint Venture options.

Listing information

  • MLS® ID: 596941
  • Beds: 76
  • Stories: 0
  • Total Square Footage: 82,000 ($35.98 per sq. foot)
  • County: Northampton
  • Style: Multi-Family
  • Baths: 72 (Full: 72 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 1.32 Acres
  • School District: Easton
  • Year Built: 1921
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $32,366
  • Subdivision: Not in Development

Features

Area South Easton
Construction Other
Cooling No Air
Other Electric - 0, Gas - 0, Gross Income - 1069890, Heat - 0, Net Income - 933026, Operating Expense - 124864, Other Expenses - 13000, Water/Sewer - 20000, Zoning Code - Rmd
Parking Paved Lot
Property Category Apartment Style, Commercial
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Steel City Realty