The Baj Team is pleased to offer this package of (2) 6 unit multifamily investment properties for a total of 12 rental units. These adjacent properties are centrally located in historic Easton, walking distance to the downtown area and its central square. Easy and convenient access to shopping, restaurants, and highways. Each unit has 2 allocated off-street parking spaces. One building contains (6) one bed/one bath units. The second building contains (3) one bed/one bath units and (3) two bed/one bath units. On-site laundry room can be reactivated for additional income. Most units have been renovated, including new appliances. One building has recently had all 44 of its windows replaced. Central fire alarms are in place. All units are electric (heat/hot water) and have their own hot water heater. Tenants pay electric. Owner pays trash and water. Laundry room with hookups for 2 washers and 2 dryers can provide additional income. Sales Info: ■ Cap rate: 8.3% ■ Commision split: 3.0% ■ NOI: $64,290 Location Description: Just off Northampton Street in downtown Easton. Easy access to Route 22, Route 78, Route 611, and New Jersey. Walk to shops, restaurants, farmer's markets, and museums. Highlights: ■ 12 units centrally located near shopping/highways/restaurants ■ Fully occupied ■ Many units have been renovated with new appliances ■ Well managed, good retention of tenants ■ Value add opportunities ■ Offered at 8.1% CAP and 13.34% Cash On Cash « show less
The Baj Team is pleased to offer this package of (2) 6 unit multifamily investment properties for a total of 12 rental units. These adjacent... show more »
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