701 Northampton Street , Easton PA 18042 US

3 luxury apartments + 2 commercial stores undergoing massive renovations in center city Easton. Modernization started when the owners purchased the property in 2016. Owners invested over 250k in interior and exterior building renovations. Located 1.5 blocks from Centre Square. 1st commercial unit ...

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Realty Executives Wind Gap
31 West First Street
Wind Gap, PA, US 18091
610-863-8444

Active

701 Northampton Street
Easton PA 18042 US

5,766 sqft

#563731

Courtesy of: Tejas Gosai, CENTURY 21 Keim

$825,000

701 Northampton Street 3 luxury apartments + 2 commercial stores undergoing massive renovations in center city Easton. Modernization started when the owners purchased the property in 2016. Owners invested over 250k in interior and exterior building renovations. Located 1.5 blocks from Centre Square. 1st commercial unit faces Northampton and will be renovated into a restaurant w/ outdoor seating. Superior visibility and frontage. 2nd commercial unit faces 7th st. High-ceiling apartments were previously rented at $1k each and w/ completed renovation can rent for $1,250 each. Tenants pay for water, elec, stove. The building includes parking for 8 cars. Proposed rent is $7,750/mo gross excluding billboards on property, which owners do not have a contract for and are in the process of negotiating ownership of both billboards which could generate a projected rent of $3,000 per month. *Sidewalks currently being redone as well* *repainted and weatherized brick *All permits filed* *Owners putting in roughly 20k/mo.

  • Facts
  • Built in: 1900
  • Lot Size: 0.09 acre
  • Property Type: MultiFamily
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s), Central A/C
  • Exterior Finish: Brick
  • Roof Type: Unknown
  • Heating Fuels: Electric, Oil
  • Neighborhood
  • Easton
Listing Changed: 2/16/2018 6:44:02 PM GMT
MLS Updated: 2/17/2018 6:09:24 AM GMT

Courtesy of: Tejas Gosai, CENTURY 21 Keim

Listing Source - ListHub

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