2400 Freemansburg Avenue Easton, PA 18042
Welcome to 2400 1/2 Freemansburg Ave, a prime investment opportunity in Wilson! Strategically situated on a main st, this property boasts 3 units designed for maximum rental potential. At street level, a thriving commercial space awaits currently as a grocery store. This space encompasses a showroom and convenient half bath, ensuring both functionality and appeal. Unit 1 on the first floor, discover a comfortable apartment featuring an inviting open-concept layout blending the living room and kitchen seamlessly. Accompanied by two spacious bedroom, another room and a full bath, and in-unit laundry facilities, this unit offers modern convenience and comfort. Unit 2 on the second floor is a generous apartment highlighted by a large open living and dining area, complemented by an efficient kitchen setup. With two bedrooms and a full bath, this unit caters to the needs of tenants seeking both space and functionality. The property also features a large, unfinished basement, originally designed to accommodate a oversized one-car garage, offering ample storage options or potential for future development. With full occupancy, impeccable tenant payment records, and a stellar 8%+ cap rate, this turnkey investment promises both immediate returns and long-term stability. Don't miss out on this exceptional opportunity to add a high-performing asset to your portfolio!
- Property TypeMulti-Family
- NeighborhoodNot In Development
- CountyNorthampton
- Taxes$4,817
- HOA/Condo/Coop Fees$0
- Days on Site50 Days
- MLS StatusActive
- MLS ID Number733989
- Home Size Source N/A
- Year Built1938
- Lot Size0.064 Acres
- Full Baths2
- Partial Baths1
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