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About the Listing FREDKGRP - 3297998,3358526
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.
Listing Highlights
Status
Active
Days on Site
76
Property Type
Commercial Sale
MLS ®
PANH2009682
Year Built
1900
Total Square Footage
4,154
Lot/Acreage
0.08
County
Northampton
Neighborhood
College Hill
Area
Easton City (12410)
School District
Easton Area
High School
Easton Area
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ceiling Fan(s),Wall Unit,Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner,Rear Yard,Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 0.00 x 0.00
- Zoning: CHSCO College Hill with Street Corridor Overlay
- Roof: Slate,Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Private,Off Site,On Street,Private Garage,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $8,821
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
133 Cattell St Easton, PA 18042
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