607 Northampton St, Easton, PA 18042

$2,150,000
6,544
SqFt

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List Price
$2,150,000
MLS#
780547
Status
ACTIVE
City
Easton
Area
Easton
County
Northampton
Living Area
6,544
Lot Size
2,925
Year Built
1900

Property Description

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.

Additional Information

Acres
0.07
Cooling
Ductless
Living Area
6,544
Lot Size
2,925
Region
Easton
School District
Easton
Taxes
$9,704
Zoning
10BNS

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Listing courtesy of Paranee Properties.

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