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$245,000

For Sale

A month ago

127 S 13Th St, Easton, PA

Condo

MLS® 784240

4 Bed

2 Bath

1928 sqft

0

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 1928 sqft
Garage 
HOA Fees 
Taxes $3,991
Days Active 29
Approx. Age 1900
Avg. Price Per Sqft $127
MLS® Number 784240

Property Address: 127 S 13th St, EASTON, PA, 18042-4081

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity to improve rental income at this Easton two-unit property featuring a one-bedroom apartment and a three-bedroom apartment, a covered front porch, and a rear yard. Both units are occupied by long-term tenants, with current rents of $745 and $1, 013 per month, totaling $21, 096 annually. Both apartments need cosmetic renovation, offering an opportunity for a hands-on investor to update the interiors and improve rental performance over time. Listing agent estimates potential rents following appropriate improvements at $1, 250 and $1, 700 per month, totaling $35, 400 annually. These figures are projections, not current income or guaranteed results. Tenants currently pay for heat, while the owner pays water/sewer, with trash included per seller information. Separate water meters offer an opportunity to evaluate future tenant utility reimbursement, subject to existing leases and applicable billing requirements. Well suited to an owner-managed investment strategy, with potential income growth through renovation and future leasing. Property is tenant occupied and sold subject to existing leases; no vacancy or timeline for achieving projected rents is represented. Owner financing may be possible with acceptable offer. 6%, IO payments, 2 Year balloon mandatory, 1st lien position only, 20% down minimum and added expense for owner finance mortgage will be applied to buyer side closing costs.
MLS® Number784240
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1900
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Electric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 10, 2026List Date
$245,000List Price
  • Commute

Commute

Starting Address
Destination Address
127 S 13Th St, Easton, PA

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