701 Northampton Street, Easton PA 18042 Photo 1 701 Northampton Street, Easton PA 18042 Photo 2 701 Northampton Street, Easton PA 18042 Photo 3 701 Northampton Street, Easton PA 18042 Photo 4 701 Northampton Street, Easton PA 18042 Photo 5 701 Northampton Street, Easton PA 18042 Photo 6 701 Northampton Street, Easton PA 18042 Photo 7 701 Northampton Street, Easton PA 18042 Photo 8 701 Northampton Street, Easton PA 18042 Photo 9 701 Northampton Street, Easton PA 18042 Photo 10 701 Northampton Street, Easton PA 18042 Photo 11 701 Northampton Street, Easton PA 18042 Photo 12 701 Northampton Street, Easton PA 18042 Photo 13 701 Northampton Street, Easton PA 18042 Photo 14 701 Northampton Street, Easton PA 18042 Photo 15 701 Northampton Street, Easton PA 18042 Photo 16 701 Northampton Street, Easton PA 18042 Photo 17 701 Northampton Street, Easton PA 18042 Photo 18 701 Northampton Street, Easton PA 18042 Photo 19 701 Northampton Street, Easton PA 18042 Photo 20 701 Northampton Street, Easton PA 18042 Photo 21 701 Northampton Street, Easton PA 18042 Photo 22 701 Northampton Street, Easton PA 18042 Photo 23 701 Northampton Street, Easton PA 18042 Photo 24 701 Northampton Street, Easton PA 18042 Photo 25 701 Northampton Street, Easton PA 18042 Photo 26 701 Northampton Street, Easton PA 18042 Photo 27 701 Northampton Street, Easton PA 18042 Photo 28 701 Northampton Street, Easton PA 18042 Photo 29 701 Northampton Street, Easton PA 18042 Photo 30 701 Northampton Street, Easton PA 18042 Photo 31 701 Northampton Street, Easton PA 18042 Photo 32 701 Northampton Street, Easton PA 18042 Photo 33 701 Northampton Street, Easton PA 18042 Photo 34 701 Northampton Street, Easton PA 18042 Photo 35 701 Northampton Street, Easton PA 18042 Photo 36 701 Northampton Street, Easton PA 18042 Photo 37 701 Northampton Street, Easton PA 18042 Photo 38 701 Northampton Street, Easton PA 18042 Photo 39 701 Northampton Street, Easton PA 18042 Photo 40 701 Northampton Street, Easton PA 18042 Photo 41 701 Northampton Street, Easton PA 18042 Photo 42 701 Northampton Street, Easton PA 18042 Photo 43 701 Northampton Street, Easton PA 18042 Photo 44 701 Northampton Street, Easton PA 18042 Photo 45 701 Northampton Street, Easton PA 18042 Photo 46 701 Northampton Street, Easton PA 18042 Photo 47 701 Northampton Street, Easton PA 18042 Photo 48 701 Northampton Street, Easton PA 18042 Photo 49 701 Northampton Street, Easton PA 18042 Photo 50

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701 Northampton Street - $124,800K Gross, $99,840 Net Profit, 12% CAP @ Asking with 10% management/maintenance (projected). Owners purchased this iconic, all-brick Easton landmark in 2016 requiring a total gut & extreme reno. Owners invested 400K & 3 years to bring the building up to current code & CO the property, install gas lines, increase curb appeal with new sidewalks, repaint & repoint brick, new roof, redo exterior parking, etc. Property is almost fully occupied as a 5-UNIT, CLASS A, mixed investment with 3 CURRENTLY rented LUXURY apartments & 2 high visibility storefronts, one under lease to a restaurant w/ outdoor seating, leaving final space available (previously a beer distributor). All utilities separated, tenants pay water, elec, stove. 10 parking spots. Extremely high ceilings, tons of sunlight with view through new windows, glamorous NEW: flooring, kitchens, showers, vanities, etc. Has 2 COMMERCIAL BILLBOARDS @ $1,250 each, over 50k to construct.

Listing information

  • MLS® ID: 609867
  • Beds: 8
  • Stories: 3
  • Total Square Footage: 5,766 ($143.08 per sq. foot)
  • Estimated Annual Taxes: $4,469
  • Subdivision: Not in Development
  • Style: Multi-Family
  • Baths: 5 (Full: 5 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 0.09 Acres
  • County: Northampton
  • Year Built: 1900
  • Status: Active
  • Foreclosure: No
  • Lot Size: 140'X25'
  • School District: Easton

Features

Area Easton
Construction Brick
Cooling Ceiling Fan, Central Ac
Features Fire Escape, Patio, Rewired
Other Electric - 1229, Gas - 0, Gross Income - 124800, Heat - 0, Net Income - 99840, Operating Expense - 24960, Other Expenses - 4098, Water/Sewer - 3278, Zoning Code - R-Md
Parking Off Site, Paved Lot, Unpaved Lot
Property Category Commercial
Sewer Public
Special Sale Conditions Not Applicable
Water Public
Listing Courtesy of Century 21 Keim