831 Lehigh St Easton, PA 18042-4327
This exceptional 8-unit apartment building presents a unique investment opportunity in the heart of Easton, Pennsylvania. Located at 831 Lehigh St, this historic property boasts approximately 6,000 square feet and offers significant redevelopment potential. The building has already received approval for its current configuration of eight residential units, providing immediate income potential. A rare advantage in this vibrant community, the property includes ample off-street parking for residents. Situated just half a mile from Easton's bustling downtown area, tenants will enjoy convenient access to a wide array of amenities, including acclaimed restaurants and the award-winning Easton Public Market. This prime location provides easy access to major highways, further enhancing its appeal. The property's strategic location within a rapidly developing city makes it an attractive investment for both seasoned and emerging real estate investors. The combination of historic charm, modern approvals, and a desirable location creates a compelling opportunity to capitalize on Easton's continued growth and strong rental market. The asking price for this remarkable property is $895,000. This is a chance to acquire a well-positioned multifamily asset in a thriving Pennsylvania city.
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Law Offices of John R. Vivian, Jr. Law Firm
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Monahan Law Office Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RMD · Easton, PAEaston. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.