5 Unit Apt. Building in Easton, PA For Sale

[Sean Kiley &Jennifer Lauda/Kiley]

I have a 5 unit Apartment building available in Easton PA.

It is in great condition, is in need of some cosmetics as tenants move out. It is currently fully rented. 

The property was appraised for $400k in 2009.

2 UNITS are 2 bedrooms 1 bath 

3 UNITS are 1 bedroom 1 bath

Asking- $240,000

Monthly income- $5575

Expenses include; Taxes, $5397, Insurance $1365, Water, sewage and garbage $4328.

This is a little more then a 12% ROR. This property will not last long. Since it is rented out I will be hosting a open house, Please contact me to attend.

Jennifer Lauda

[phone]

[e-mail]

OUTSIDE2.jpg

[Arleen Severino]

Thank you - my email address is [e-mail]

Look forward to seeing comps & pics

Sean Kiley &Jennifer Lauda/Kiley said:

June 3rd I will be holding a open house. Rent roll is 875, 750, 650, 650,650. proximity is 6th street off of North hampton Street. If you give me your email I can email you comps and some pics. Its a great building, needs cosmetics only. 

[Sean Kiley &Jennifer Lauda/Kiley]

I Realized I messed up on The Monthly Income for this property... It is actually 3575. I apologize for this!

[Sean Kiley &Jennifer Lauda/Kiley]

June 3rd I will be holding a open house. Rent roll is 875, 750, 650, 650,650. proximity is 6th street off of North hampton Street. If you give me your email I can email you comps and some pics. Its a great building, needs cosmetics only. 

[Arleen Severino]

Hi guys,

We are very interested - when is the open house? What is the rent roll? We would like to determine the CAP Rate.

Can you give us a close proximity of the property?

Thank you

Arleen & Dennis