1251 Northampton Street, Easton, PA 18042

Easton
Local realty services provided by:ERA One Source Realty
1251 Northampton Street,Easton, PA 18042
$355,000
  • 5 Beds
  • 2 Baths
  • 2,035 sq. ft.
  • Multi-family
  • Active
Listed by: joseph e. paranee
Office: paranee properties
MLS#:783839
Source:PA_LVAR

Price summary

  • Price:$355,000
  • Price per sq. ft.:$174.45

About this home

Turnkey 2-Unit Investment – Elite 8.79% Actual Cap Rate with Massive Capital Updates & Value-Add Utility Upside! Description: Attention yield-hungry investors and house-hackers! This meticulously maintained 2-unit multi-family property hits the market at an unbeatable $355,000, delivering a staggering 8.79% actual cap rate right out of the gate. Boasting an ultra-efficient 17.5% operating expense ratio, this property features highly optimized, separate tenant utility footprints that insulate your bottom line from tenant usage spikes. The heavy lifting has already been completely done for you. The building features an extensive list of high-ticket capital improvements engineered for longevity and rock-solid cash flow, including: * Completely Updated Electric: Both units completely rewired, including the installation of a dedicated landlord house meter. * Upgraded Mechanicals: Two brand new hot water heaters, two new energy-efficient boilers, and a newly installed chimney liner. *...

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Home facts

  • Year built:1900
  • Subdivision & Development:Not in Development
  • Listing ID #:783839
  • Added:3 day(s) ago
  • Updated:September 06, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,035 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Gas, Radiators

Structure and exterior

  • Year built:1900
  • Building area:2,035 sq. ft.
  • Lot area:0.04 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$355,000
  • Price per sq. ft.:$174.45
  • Tax amount:$2,726

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