Rental Portfolio Pine St
EASTON, PA 18042

$1,400,000

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.

Details

MLS#PANH100025
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site17

Features

SQ Feet29,646
Story(s)0
Units23
ZoningRHD

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Area Information

StatePA
CityEASTON
Zip Code18042
AreaEaston City (12410)
Listing VS Median (in 18042)
Price:
$1,400,000
low | high
Med:
$239,000
100% of Average
SqFt:
29,646
low | high
Med:
3,394
100% of Average
$ / SqFt:
$47
low | high
Med:
$70
2% of Average
On Site:
17
low | high
Med:
18
94.444444444444% of Average
Listing Updated: 08/17/2019
MLS Number: PANH100025
Listing Provided By:
Antonio DiCianni  of  KW Commercial