Mixed-Use Building with
1631 Northampton Street, Easton, PA 18042
For Sale
$324,900
Pending
A two-level layout combines a professional office with an upstairs apartment.
Property Size2,410 SF
Days on Market10
Property Features for 1631 Northampton Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Currently Operating
Property Use
Medical Specialty
Taxes and HOA fees
Annual Taxes
Amenities
true
2
Public
5280
0.121
Building Details
Year Built
Buildings
Stories
Listing Agency:
(610) 890-9942
Listed By:
Andrew Dilg
Source:
Corbyrealty
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 8 at 5:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Andrew Dilg
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Investment Insights
Based on property information with market context.
At 1631 Northampton Street, this 2,410-square-foot mixed-use property has a first-floor professional office and a second-floor apartment. The office includes a reception area, waiting room, four treatment or exam rooms, a private office, and two bathrooms. The apartment has one to two bedrooms, a living room, dining room, kitchen, and full bathroom, and is tenant-occupied.
Off-street parking includes a one-car garage and a parking pad. The property was built in 1900 and is zoned 37B1.
Off-street parking includes a one-car garage and a parking pad. The property was built in 1900 and is zoned 37B1.
Key Highlights
- 2,410‑square‑foot mixed‑use property with office and apartment space
- First‑floor office includes reception, waiting room, four treatment or exam rooms, private office, and two bathrooms
- Second‑floor apartment offers one to two bedrooms, living room, dining room, kitchen, and full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,998
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,960
$500.0K
Cap Rate 7%
$357,114
$357.1K
Cap Rate 9%
$277,756
$277.8K
Market Conditions
NOI Build-Up for 2,410 SF
Gross rent
$36.2K $15.00/SF
− Vacancy
−$2.8K −$1.17/SF
EGI
$33.3K $13.83/SF
− OpEx
−$8.3K −$3.46/SF
NOI
$25.0K $10.37/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,960
Cap Rate 7%
$357,114
Cap Rate 9%
$277,756
Alternative Uses
Best Use
Office B
$357.1K
$312.5K – $416.6K
NOI $24,998 @ 7.0% cap · market cap 7.69%
Second Best
Mixed Use
$348.6K
$305.0K – $406.7K
NOI $24,401 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$457.1K
$400.0K – $533.3K
NOI $31,997 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
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Business Placement
Demographics for 18042, PA
44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Northampton County, PA
Properties on Market for Mixed-use properties in Northampton County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A two-level layout combines a professional office with an upstairs apartment.
Where is this mixed-use property located?
The property is located at 1631 Northampton Street Easton, PA.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 2,410‑square‑foot mixed‑use property with office and apartment space; First‑floor office includes reception, waiting room, four treatment or exam rooms, private office, and two bathrooms; Second‑floor apartment offers one to two bedrooms, living room, dining room, kitchen, and full bath
