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Great investment opportunity in Easton's highly sought-after College Hill neighborhood, across the street from the Lafayette College campus. This well-maintained multifamily property consists of seven residential units and additional income-producing 572 sq ft garage and parking rentals, offering immediate income with upside potential and long-term investment stability. The property will be conveyed with a clear City of Easton Certificate of Occupancy. Also well-suited for 1031 exchange buyers offering a quick settlement. All apartments are separately metered for electric and heat. Four of the seven apartments have been renovated within the past three years, and the property has benefited from numerous capital improvements contributing to the property's long-term operational stability. The property currently generates an annualized rent roll of approx. $107k at full occupancy while maintaining remarkably low operating expenses. Six of the seven apartments are currently occupied, with one recently vacated unit intentionally left available for a new owner. College Hill remains one of Easton's most desirable rental markets, supported by proximity to Lafayette College, downtown Easton, major employers, and regional transportation routes. The combination of a strong residential unit mix, ancillary garage and parking income, low expense ratio, recent improvements, and a clear Certificate of Occupancy creates an attractive opportunity for investors seeking stable income with future upside potential.
| DAYS ON MARKET | 0 | LAST UPDATED | 8/10/2026 |
|---|---|---|---|
| TRACT | COLLEGE HILL | YEAR BUILT | 1900 |
| COMMUNITY | Easton City (12410) | COUNTY | NORTHAMPTON |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | EASTON AREA |
|---|---|
| High School | EASTON AREA |
| PRICE HISTORY | |
| Prior to Jun 30, '26 | $1,295,000 |
|---|---|
| Jun 30, '26 - Aug 10, '26 | $1,249,000 |
| Aug 10, '26 - Today | $1,185,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric, Wall Unit(s), Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Easton City (12410) |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Electric |
| LOT | 3485 sq ft |
| LOT DESCRIPTION | Back Yard, Corner Lot |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street, Private, Garage, Off Site |
| SEWER | Public Sewer |
| SUBDIVISION | COLLEGE HILL |
| TAXES | 8821 |
| UTILITIES | Cable Available, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Panoramic |
| WATER | Public |
| ZONING | CHSCO College Hill with Street Corridor Overlay |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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