1251 Northampton Street
Easton, PA 18042
5
Bed
2
Bath
2,035Sqft
1,817Sqft(Lot)
Turnkey 2-Unit Investment – Elite 8.79% Actual Cap Rate with Massive Capital Updates & Value-Add Utility Upside! Description: Attention yield-hungry investors and house-hackers! This meticulously maintained 2-unit multi-family property hits the market at an unbeatable $355,000, delivering a staggering 8.79% actual cap rate right out of the gate. Boasting an ultra-efficient 17.5% operating expense ratio, this property features highly optimized, separate tenant utility footprints that insulate your bottom line from tenant usage spikes. The heavy lifting has already been completely done for you. The building features an extensive list of high-ticket capital improvements engineered for longevity and rock-solid cash flow, including: * Completely Updated Electric: Both units completely rewired,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 2 Full Baths: 2 -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1900 Construction Materials: Other Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 1817 Square Feet Lot Size Acres: 0.042 Lot Size Square Feet: 1817Property Information
Subdivision: Not in Development Source Property Type: Residential Income Postal Code Plus 4: 4138 Property SubType: Apartment Property Age: 126
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Listing Price Information
Listing Price: $355000
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Tax Information
Parcel Number: L9SW2B-16-2A-0310 Annual Tax: $2726
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Location Information
Direction: Exit 15th St. proceed to Northampton St make left property located on Left second building in WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 360 Delaware Drive #16, Easton, PA, 18042 | $49,900 | 2 | 1 | 750 | -- |
| 360 S Delaware Drive #16, Easton, PA, 18042 | $49,900 | 2 | 1 | 750 | 0.03 Acre |
| 280 Sky Line Drive, Easton, PA, 18042 | $1,275,000 | 4 | 4 | 4,042 | 2.48 Acres |
| 120 Fox Run, Easton, PA, 18042 | $968,000 | 4 | 4 | 4,975 | 67,518 Sqft |
| 433 Paxinosa Avenue, Easton, PA, 18042 | $957,000 | 5 | 4 | 3,057 | 9,360 Sqft |
| 700 Mixsell Street, Easton, PA, 18042 | $1,199,000 | 7 | 6 | 5,795 | 15,150 Sqft |
| 40 N Delaware Drive, Easton, PA, 18042 | $450,000 | 4 | 3 | 2,637 | 4,796 Sqft |
| 111 Lachenour Avenue, Easton, PA, 18042 | $310,000 | 3 | 2 | 1,728 | 6,144 Sqft |
| 133 Cattell Street, Easton, PA, 18042 | $1,185,000 | 8 | 7 | 4,154 | 3,332 Sqft |
| 123 N 2nd Street, Easton, PA, 18042 | $3,099,000 | -- | -- | -- | 15,145 Sqft |
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ByOwner last updated this listing 09/06/2026 @ 07:57
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