607 Northampton Street, Easton, PA 18042
sale
$2,150,000
|
Apartment
Courtesy Of Paranee Property Management LLC
607-609 Northampton St, Easton PA Prime Income-Producing 12-Unit Multifamily Asset607-609 Northampton St, Easton, PA 18042Turnkey Investment Opportunity | Coveted Downtown Easton Location | Booming Lehigh Valley Market Unrivaled commercial investment opportunity to acquire a fully turnkey, 12-unit apartment complex located directly on bustling Northampton Street in the heart of thriving Downtown Easton. Situated within the rapidly growing Lehigh Valley, this stabilized asset is a rare find. It combines immediate cash flow with significantly reduced near-term capital expenditure liability. Property Highlights & Recent Capital UpgradesTurnkey Operations: Most units have been beautifully renovated, attracting top-tier market rents and minimizing immediate unit turnover costs.Modernized Infrastructure: The building has been freshly updated with individual mini-split HVAC units in 100% of the apartments, providing high-efficiency climate control and driving down landlord maintenance overhead.Low Operational Drag: Capital expenditures have been aggressively front-loaded, allowing an investor to step into an optimized, low-maintenance asset from day one Premier Downtown Location & Market LogisticsThe Hub of Easton: Positioned directly on Northampton Street, offering tenants immediate, walkable access to Easton's vibrant downtown dining, retail, and entertainment scene.The Booming Lehigh Valley: Located in one of the most coveted, high-demand submarkets in Pennsylvania, characterized by record-low vacancy rates and strong, sustainable rental growth. Financials & Due DiligenceP&L Availability: Complete profit and loss (P&L) statements and financial data are available for review upon request.Qualification: Financial packets will be released strictly to qualified applicants.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Ductless
- MLSID: 780547
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