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$1,249,000

Great investment opportunity in Easton's highly sought-after College Hill neighborhood, across the street from the Lafayette College campus. This well-maintained multifamily property consists of seven residential units and additional income-producing 572 sq ft garage and parking rentals, offering immediate income with upside potential and long-term investment stability. The property will be conveyed with a clear City of Easton Certificate of Occupancy. Also well-suited for 1031 exchange buyers offering a quick settlement. All apartments are separately metered for electric and heat. Four of the seven apartments have been renovated within the past three years, and the property has benefited from numerous capital improvements contributing to the property's long-term operational stability. The property currently generates an annualized rent roll of approx. $107k at full occupancy while maintaining remarkably low operating expenses. Six of the seven apartments are currently occupied, with one recently vacated unit intentionally left available for a new owner. College Hill remains one of Easton's most desirable rental markets, supported by proximity to Lafayette College, downtown Easton, major employers, and regional transportation routes. The combination of a strong residential unit mix, ancillary garage and parking income, low expense ratio, recent improvements, and a clear Certificate of Occupancy creates an attractive opportunity for investors seeking stable income with future upside potential.

133 Cattell St, Easton

Listing courtesy of Howard Hanna The Frederick Group. Contact: (610) 398-0411

$3,470,000

Iconic Easton arts building up for sale. Developed as a regional arts center by artist Karl Stirner, this property consists of approximately 40,000 sq ft. of mixed use space. Fabulous gallery space, artist workshops, business offices, photography studios, full fitness gym, fashion design space, and florist are a few of the tenants who occupy this amazing building. Within the building, there are two 3 bedroom residential apartments, and an efficiency apartment. The top floor penthouse apartment previously occupied by the owner is an amazing space that rivals Manhattan properties. Wide open spaces, personal galleries, views of the Delaware river and the mountains,. This is one of the most amazing apartments in Easton, and would make an exceptional owner occupant residence. The balance of that floor has been used as personal workshop and gallery space of the owner, but offers unbelievable potential for either residential or commercial space. The building has a full sprinkler system throughout, including the basement, all-floor fully serviced freight elevator, and several loading docks. Six off-street parking spaces plus the interior courtyard. City of Easton parking deck is less than one block away with dozens of fantastic local restaurants, stores, and the walking trail from downtown to College Hill named after Karl Stirner. This is an amazing property with untold potential.

230 Ferry St, Easton

Listing courtesy of BHHS Paul Ford Realtors. Contact: 6102536123