697 Ferry St Easton, PA 18042
Fully occupied eight-unit apartment building in prime Easton location.
Property size:
4,506 SFLot size:
3,159.00 AcresProperty Features for 697 Ferry St
General Information
- Standard status
- Active
- Zoning
- 10RHD
- Size
- 4,506 SF
- Lot size
- 3,159.00 Acres
Building Details
- Year built
- 1900
Source:
Crexi
Listing Agency: eXp Commercial Listing Agent: James Reardon
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Easton Multifamily Investment Opportunity
This fully occupied eight-unit investment property generates $99,000 in gross income and $79,156 in net income. The asset comprises eight spacious 1-bedroom apartments, offering a consistent unit mix supported by strong rental demand in the Easton market. All units are currently leased, providing immediate and stable cash flow. Tenants are responsible for their own electric and heating. Landlord expenses are limited to taxes, insurance, and water/sewer/trash. The property is a solid brick building, enhancing long-term durability and reducing exterior maintenance. The flat roof has been recently recoated. Each apartment offers spacious layouts that attract steady tenant demand. Additional value is supported by a large basement, suitable for tenant storage or the potential addition of common laundry facilities, creating further income enhancement opportunities. Positioned in an exceptional Easton location, this is a rare opportunity to acquire a larger multifamily asset in a prime rental corridor where occupancy remains consistently strong. The property size is 4506 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Easton
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.21789
- Latitude
- 40.68949
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FAQs
What type of property is this?
Apartment building - Fully occupied eight-unit apartment building in prime Easton location.
Where is this apartment building located?
The property is located at 697 Ferry St Easton, PA.
What are key features of this property?
This property features: - Fully occupied, generating $99,000 gross and $79,156 net income, providing immediate cash flow.; - Located in an exceptional Easton location with strong rental demand and minimal vacancy risk.; - Solid brick building with a recently recoated flat roof, ensuring long-term durability.
