Listed by Paranee Property Management
$2,150,000
12 Unit Apartment Complex Downtown Easton
Details
Property Type Multifamily
Sub Type Apartment Building
Units 12
Tenancy Multi
Multifamily | 12 Units
Marketing description
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.
Investment highlights
- 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 Logistics The 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 Diligence P&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.
Listing Contacts
Listed by Paranee Property Management
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