Address
1832 Freemansburg Avenue Easton, PA
Price
$ 550,000
Property Attributes
  • MLS#660062
  • TypeMulti-Family
  • CountyNORTHAMPTON
  • CityEaston
  • AreaNorthampton
  • NeighborhoodNot in Development
  • Zip18042
  • StyleApartment Style
  • Year Built1900
  • Taxes1939
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2934
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Keller Williams Real Estate
Data Source:
Greater Lehigh Valley REALTORS
Property Description

This is a safe investment/Income Cash Cow! The beauty of this property is that it is on the smaller side, providing for minimal maintenance needs w/a tremendous Cash Flow. Why invest in a property that is double the size w/double the potential upkeep when you can purchase “Compact, Economical & Profitable”? The cap rate is 7.85% which provides you w/a fantastic ROI & Limited Risk. The rents are diversified into 6 separate leases including a Professional & Beautiful Anchor Tenant in the form of a very popular Beauty Salon. The tenants are all Long Term (only 1 lease is month to month), the leases are Rock Solid & they want to stay! There are many updates including well maintained mechanicals, replacement windows, bathroom, flooring & kitchen updates. There are minimal areas that need any attention. The property was purchase by the current owner (appraisal attached) & upgrades have been made. This property is being offered at a very Fair price! Schedule your tour today!

Price History
3/9/2021 Listed $550,000

General Features

Construction Brick
Cooling Ceiling Fan, Central AC, No Air, Wall AC, Window AC
County Northampton
Parking Garage
School District Wilson
Sewer Public
Subdivision Not in Development
Water Public
Zoning Code C-2 General Commercial

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

Property vs Zip Code Average in 18042

Price
AVG $690K
$550K
Taxes
AVG $6,884
$1,939
Visits
AVG 22
5
Year Built
AVG 1900
1900
Walkscore
AVG 73
66
Data Provided by Walkscore ® not using MLS data

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