Map
Listed price in listed location currency (USD).
$1,050,000

1567

MLS® 783986

Overview

Key Facts

Type Apartment
Levels Residential Income
Size 6822 sqft
Garage Yes
Maintenance Fees 
Taxes $6,074
Days Active 16
Approx. Age 1900
Avg. Price Per Sqft $153
MLS® Number 783986

Property Address: 679 Northampton St, EASTON, PA, 18042-4284

Average square foot calculated using Size range provided by listing agent.

Description

679-681 Northampton St is a 6 Unit fully occupied building with long term tenants, ranging from 2-20 years. An additional 5 car garage and off street parking in the rear. $124, 000 yearly gross income based on a projected Pro-Forma with a 9.33% Cap Rate. All tenants pay for their own electric and gas/electric cooking. Seller has owned this building for many years and has not kept up with the current market rents. All of the tenants have a month to month lease. $75, 000 in recent renovations. Three story rear porches have been updated with new railings and soffit. Building will be sold with a clear Certificate of Occupancy from the City of Easton. New roofing on the main building and garages has just been installed with a 20 year warranty. All updated windows. Updated and monitored fire alarm system including a Knox Box with back-up interior and exterior lighting. Recently installed new gas boiler with a summer/winter hookup. There are two large sections of the walk-out basement, one for each side of the building currently used by the owner, that could possibly be rented for storage for additional income, check with the city. There is a laundromat next door for tenant convenience. Tenants require 24-48 hour notice for all showings
MLS® Number783986
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Hot Water
A/CNone

Extras

Map

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