6-Unit Apartment
For Sale
$1,050,000
679 681 Northampton Street, Easton, PA 18042
ResidentialIncome, Easton, PA
Property Size6,822 SF
Lot Size0.16 Acres
Price / SF$153.91
Days on Market38
Property Features for 679 681 Northampton Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
10BNS
Bedrooms
15
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 12, Bedroom 5, Bedroom 9, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 13, Bedroom 2, Bedroom 10, Bedroom 15, Bathroom 6, Bathroom 4, Bathroom 3, Bedroom 14, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 11, Bathroom 2, Bedroom 7
Parking
7
Parking features
Driveway, Off Street, Garage, On Street
Subdivision
Not in Development
Elementary school district
Easton
Middle school district
Easton
High school district
Easton
Directions
Route 22 to 13th St Exit South to left on Northampton St
Standard status
Active
APN
L9SE1B-18-5-0310
Size
6,822 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
6074
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Water source
Public
Building Details
Year built
1900
Number of units
6
Building materials
Brick
Listing Agency:
IronValley RE of Lehigh Valley
(610) 766-7200
Listed By:
Mario Castanhas · License #RS214417L
(610) 248-6095
Added: Sep 3
Changed: Oct 8
Last Checked: Oct 10 at 1:06PM
MLS# 783986
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6-unit apartment property at 679-681 Northampton Street contains 6,822 square feet on a 0.158-acre lot. Built in 1900, the brick building has updated windows, a recently installed gas boiler with summer/winter hookup, and a monitored fire alarm system with a Knox Box and backup interior and exterior lighting. The main building and garages have new roofs covered by a 20-year warranty, and the three-story rear porches have updated railings and soffit. A five-car garage and additional off-street parking are located at the rear. Two large walk-out basement sections are currently used by the owner; storage rental would require city review.
All six units are occupied, with tenants on month-to-month leases and reported tenancies ranging from 2 to 20 years. The property is offered with a clear Certificate of Occupancy from the City of Easton. A laundromat is next door, and the building is a few blocks from the Center Circle in downtown Easton. The projected pro forma indicates a 9.33% cap rate.
All six units are occupied, with tenants on month-to-month leases and reported tenancies ranging from 2 to 20 years. The property is offered with a clear Certificate of Occupancy from the City of Easton. A laundromat is next door, and the building is a few blocks from the Center Circle in downtown Easton. The projected pro forma indicates a 9.33% cap rate.
Key Highlights
- Six occupied apartments; month‑to‑month leases and tenant tenures of 2–20 years
- 6,822 square feet on a 0.158‑acre lot; built in 1900
- Five‑car garage plus additional off‑street parking at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,513
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,260
$830.3K
Cap Rate 7%
$593,043
$593.0K
Cap Rate 9%
$461,256
$461.3K
Market Conditions
NOI Build-Up for 6,822 SF
Gross rent
$81.9K $12.00/SF
− Vacancy
−$6.4K −$0.94/SF
EGI
$75.5K $11.06/SF
− OpEx
−$34.0K −$4.98/SF
NOI
$41.5K $6.09/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,260
Cap Rate 7%
$593,043
Cap Rate 9%
$461,256
Alternative Uses
Best Use
Apartment 5plus
$593.0K
$518.9K – $691.9K
NOI $41,513 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,574 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,723
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied rental property with updated building systems, rear porches, and a five-car garage.
Where is this apartment building located?
The property is located at 679 681 Northampton Street Easton, PA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Six occupied apartments; month‑to‑month leases and tenant tenures of 2–20 years; 6,822 square feet on a 0.158‑acre lot; built in 1900; Five‑car garage plus additional off‑street parking at the rear
