Easton, PA 18042,400 Centre Street
$210,000
Est. payment /mo
$240,000
12.5%
Est.Price: ?

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7 Beds
3 Baths
2,590 SqFt
SOLD DATE : 07/16/2021

Key Details

Sold Price $210,000

Property Type Condo

Sub Type Apartment Style

Listing Status Sold

Purchase Type For Sale

Square Footage 2,590 sqft

Price per Sqft $81

Subdivision Not In Development

MLS Listing ID 664061

Sold Date 07/16/21

Bedrooms 7

Full Baths 3

Year Built 1900

Annual Tax Amount $4,564

Lot Size 2,280 Sqft

Property Description

3-Unit Investment Property in Southside Easton! Projected 10% CAP RATE with with some minor rehab work!! All units rented with Long-term Tenants currently Month-to-Month. Completely renovated by current owner in 2011 with many newer features and consistent maintenance. Rents have not been increased in years—potential for increase. Separate exterior entrances. 2-BEDROOM Apt-1 on the 1st Floor. Exterior stairs at the rear of the building lead to the 2-BEDROOM Apt-2 on the 2nd Floor and the 3-BEDROOM Apt-3 on the 3rd/4th Floors. Tenants pay for all Utilities Split with separate Panels for each Unit's Electric service, and separate Natural Gas Meters for all Water Heaters and Apts-2/-3 boilers’ radiant heat systems. Apt-1 has Electric Baseboard heat. Landlord pays for Water/Sewer/Trash. Code compliant Fire Alarm System. Easton BNI Report noted several defects--SOLD "AS-IS." Building has easy access to Downtown Easton, I-78.

Location

State PA

County Northampton

Area South Easton

Interior

Cooling Ceiling Fan, Window AC

Exterior

Garage None

Building

Story 3.0

Sewer Public

Water Public

New Construction No

Schools

School District Easton

Others

Financing Cash,Conventional,VA

Special Listing Condition Not Applicable

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Listed by Keller Williams Real Estate
Bought with CENTURY 21 Keim

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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