Larry Ginsburg

Broker/Realtor/Owner

Prudential Regency Real Estate

811 North 19th Street

Allentown, PA18104

Larry Ginsburg › 633 Northampton Street, Easton, PA 18042-4280

Main: 610-432-5252 Cell: 610-393-0892
Fax: 610-340-9124
Larry.Ginsburg@PruRegency.com
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633 Northampton Street
Easton, PA 18042-4280

$587,500

MLS ID: 407885
20 UNIT MIXED USE COMPLEX $10,000+ GROSS MONTHLY INCOME *26%+ PROJECTED CASH ON CASH RETURN AT PURCHASE (analysis subject to closing costs) 10% VACANCY AND 5% MANAGEMENT FEE INCLUDED IN FINANCIAL ANALYSIS ON SITE MANAGEMENT 1.8 DSCR 10.7% cap $34,950 PER UNIT. 20 unit mixed unit complex on high traffic Northampton St. Walking distance to shopping. Densely populated area. Strong rental history. Property includes 2 warehouses with on site parking. Additional parking lot for expansion included. Call for spreadsheet analysis and additional information.
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Property Details
MLS ID: 407885
Style: Apartment
Year Built: 1920
Status: Sold on 8/31/2011
Stories: 3
Parking Type Description: Surface / Paved 20 cars
New Construction: No
Foreclosure: No
Sq. Footage
Total Square Footage: 18,710 ($31.40 per sq. foot)
Financial Considerations
Estimated Annual Taxes: $10,537
Locale
County: Northampton
School District: Easton
Subdivision: Not in Development
Photo Tour
Features
Area
Easton
Construction
Brick Brickote
Cooling
No Air
Other
Electric - 2400 Gas - 6500
Gross Income - 135024 Net Income - 79066
Operating Expense - 36380 Other Expenses - 13532
Water/Sewer - 6000 Zoning Code - R
Parking
Paved Lot
Property Category
Apartment Style Commercial
Mixed Use
Sewer
Public
Special Sale Conditions
Not Applicable
Water
Public
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Property photo for 506 Northampton Street, Easton, PA 18042-3566
506 Northampton Street
Easton, PA 18042-3566
$569,900
MLS ID: 417847
Beds: -
Baths: -
Sq Feet: 5,369
Year Built: 1900
Listing Courtesy of Weichert Realtors
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larry.ginsburg
Larry Ginsburg
Broker/Realtor/Owner
Prudential Regency Real Estate
E-mail Me
Main: 610-432-5252
Cell: 610-393-0892

Broker Reciprocity provided courtesy of Prudential Regency Real Estate

Property Information Last Updated: 5/23/2012 at 6:01 PM.

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