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2400 Freemansburg Ave Easton, PA 18042-5318

OFF-MARKET Investment properties Google Maps
4,491 SF 0.06 ac lot Built 1938
Entity Owned ~ Est. High Equity
Estimated value (blended)
$245k
Range $221k – $270k (±10%)
Property ID US73-0181234

Property summary

AI-generated overview

This exceptional mixed-use property in Easton, Pennsylvania, presents a compelling investment opportunity. Located at 2400 Freemansburg Avenue, this 4,491 square foot building sits on a 2,772 square foot lot and is zoned R-2-Medium Density Residential. Built in 1938, the property features three income-producing units. The ground floor currently houses a thriving convenience store with a showroom and half bath. The first floor includes a two-bedroom apartment with an open-concept living/kitchen area, another room, a full bath, and in-unit laundry. The second floor offers another spacious two-bedroom apartment with an open living/dining area, a kitchen, and a full bath. A large, unfinished basement, originally designed for a one-car garage, provides ample storage or potential for future development. The property boasts a strong rental history with full occupancy and an impressive cap rate exceeding 8%. This turnkey investment offers immediate returns and long-term stability, making it an ideal addition to any portfolio. The asking price is $495,000, translating to $110.22 per square foot. The property's address is 2400 Freemansburg Ave, Easton, PA 18042, and its APN is M9NW1B 12 22 0837.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1938
Total area 4,491 SF
Lot 0.06 ac (2,772 SF)
Zoning code R2
APN M9NW1B 12 22 0837
UPID US73-0181234

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Market Grocery & Convenience Store
  • Electronics & Wireless Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2026
6 recorded transactions
2026
$427,500
2018
$154,500
2013
$105,000
2004
$110,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R2 · Easton, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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