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- MLS#648037
- TypeCommercial
- CountyNORTHAMPTON
- CityEaston
- AreaEaston
- Zip18042
- StyleApartment Building,Commercial
- Year Built1900
- Taxes4596
- Price$ 599,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4280
- Lot Size1,873 SqFt
Listing Provided Courtesy Of:
SlateHouse Realty
Property Description
SIX UNIT INVESTMENT OPPORTUNITY on a main street in the heart of the City of Easton close to the City's festivities, restaurants and shopping. Property currently yields a 8% CAP Rate with lots of room for Asset Management for an income potential of 10% + CAP! All units are currently rented on a month to month basis but rents are below market value. Water/Sewer, Electric and Gas are all separated and paid for by the Tenants. Landlord pays oil heat but easily could be converted to gas heat with six separate gas meters already in place for gas cooking and hot water presently. Property is being sold "as is" and inspections can be done for information only. Property did obtain a City of Easton CO one year ago but buyer will be responsible to obtain a new one. Owner will sell as a package with MLS#646253
Price History | |
---|---|
9/11/2020 | Listed $599,900 |
General Features
Construction | Brick |
---|---|
Cooling | None |
County | Northampton |
Potential Use | Apartments |
School District | Easton |
Sewer | Public |
Water | Public |
Zoning Code | B-NS-BUSINESS/NEIGHBORHOOD SERVICE |
Exterior Features
Surfacetype | Concrete |
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Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool