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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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Bought with CENTURY 21 Keim