USAPAEastonNot in Development697 Ferry Street
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697 Ferry Street, EASTON, PA

Condo

For Sale

Listed price in listed location currency (USD).
$1,099,000

888

MLS® 772150

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 4506 sqft
Garage No
HOA Fees $1,485
Taxes $4,601
Days Active 0
Approx. Age 1900
Avg. Price Per Sqft $243
MLS® Number 772150

Property Address: 697 Ferry Street, EASTON, PA, 18042

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

Description

Fully occupied eight-unit investment property generating $99, 000 in gross income and $79, 156 in net income. The asset consists of eight spacious 1-bedroom apartments, offering a consistent and highly desirable unit mix supported by strong and durable rental demand in the Easton market. All units are currently leased, providing immediate and stable cash flow. Tenants are responsible for their own electric and heating, while landlord expenses are limited to taxes, insurance, and water/sewer/trash, creating a favorable expense structure with predictable operating performance. The property is a solid brick building, enhancing long-term durability and reducing exterior maintenance exposure. The flat roof has been recently recoated, contributing to capital stability and near-term maintenance confidence. Each apartment offers spacious layouts that continue to attract steady tenant demand. Additional value is supported by a large basement, suitable for tenant storage or the potential addition of common laundry facilities, creating further income enhancement opportunities. Positioned in an exceptional Easton location, this is a rare opportunity to acquire a larger multifamily asset in a prime rental corridor where occupancy remains consistently strong. With durable in-place income, minimal vacancy risk, and operational simplicity, this property is well suited for investors seeking scale, stability, and long-term performance in a proven market.
MLS® Number772150
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories3
Pets

Included in Maintenance Fee

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

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 21, 2026List Date
$1,099,000List Price
  • Commute

Commute

Starting Address
Destination Address
697 Ferry Street, EASTON, PA

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