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RENTAL PORTFOLIO PINE ST Easton, PA 18042
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Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 29,646 sqft
Price per Sqft $42
MLS Listing ID PANH100027
Sold Date 10/30/20
Style Other
HOA Y/N N
Abv Grd Liv Area 29,646
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,003
Tax Year 2020
Lot Size 2,660 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Description
RENTAL PORTFOLIO / 100% OCCUPIED / TURNKEY / BELOW MARKET RENTS - Offering for sale a 23 unit rental portfolio concentrated in Easton, Northampton County, PA. Under the same ownership for many years, this portfolio benefits from long term ownership and a growing downtown market. Current rents are 10-20% below comps, allowing a new owner the ability to significantly improve cashflow on this already high cap rate investment. With the average unit size at 3 bedrooms, the price per unit is offered at an incredible value. Financing options available for qualified buyers.
Location
State PA
County Northampton
Area Easton City (12410)
Zoning RHD
Rooms
Basement Partial
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Easton Area
Others
Tax ID L9SE1B-29-9-0310
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Private, Bank Portfolio
Listing Terms Cash, Conventional, Private, Bank Portfolio
Financing Cash,Conventional,Private,Bank Portfolio
Special Listing Condition Standard
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Bought with Non Member • Non Subscribing Office
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