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400 CENTRE ST Easton, PA 18042
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Key Details
Sold Price $210,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,590 sqft
Price per Sqft $81
MLS Listing ID PANH108232
Sold Date 07/16/21
Style Other
HOA Y/N N
Abv Grd Liv Area 2,590
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,495
Tax Year 2020
Lot Size 2,280 Sqft
Acres 0.05
Lot Dimensions 21.00 x 121.00
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 yearspotential for increase. Separate exterior entrances. 2-BEDROOM Apt-1 on the 1st Floor (900/month projected; 750 now). Exterior stairs at the rear of the building lead to the 2-BEDROOM Apt-2 (950/month projected; 800 now) on the 2nd Floor and the 3-BEDROOM Apt-3 (1000/month projected; 875 now) 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 Easton City (12410)
Zoning R-MD-RESIDENTIAL - MEDIUM
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Hot Water, Baseboard - Electric
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Equipment Oven - Single, Refrigerator, Water Heater
Fireplace N
Appliance Oven - Single, Refrigerator, Water Heater
Heat Source Natural Gas, Electric
Exterior
Utilities Available Cable TV, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
View Street
Roof Type Asbestos Shingle,Rubber
Street Surface Paved
Accessibility Other
Road Frontage City/County
Garage N
Building
Lot Description Backs - Open Common Area, Level, Rear Yard
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
Structure Type 9'+ Ceilings,Cathedral Ceilings,Dry Wall
New Construction N
Schools
School District Easton Area
Others
Tax ID L9SE4C-20-11-0310
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Fire Detection System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Loren K Keim • Century 21 Keim Realtors