30 S 5th St, Easton, PA 18042

$480,000
5
BD
3
BA
2,760
SqFt

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Sold Price
$480,000
List Price
$550,000
Closing Date
Jun 23, 2026
MLS#
772136
Status
CLOSED
Type
Multifamily
City
Easton
Area
Easton
County
Northampton
Bedrooms
5
Bathrooms
3
Living Area
2,760
Lot Size
2,320
Year Built
1900

Property Description

Highest and Best offer by 5:00 pm March 2nd. Fully occupied three-unit investment property generating $49,200 in gross income and $43,143 in net income. The asset features a strong and desirable unit mix consisting of two 2-bedroom apartments and one 1-bedroom apartment, providing diversified income within a compact, easy-to-manage structure. All units are fully leased, offering immediate and stable cash flow. Tenants pay all utilities, including electric heat and water. Water is submetered and billed directly to tenants, and each unit has separate electric service, creating a low-expense profile with landlord responsibilities limited strictly to taxes and insurance. The apartments offer large kitchens and spacious living rooms, enhancing tenant appeal and long-term retention. Additional value is supported by a large basement, suitable for tenant storage or the potential addition of common laundry facilities, further increasing utility and income potential. With strong in-place income, minimal expense exposure, and operational simplicity, this property is well suited for investors seeking predictable returns, stable occupancy, and durable performance in the Easton market.

Additional Information

Acres
0.05
Cooling
None, Window/Wall
Living Area
2,760
Lot Size
2,320
Parking Spaces
3
Region
Easton
School District
Easton
Sewer
Public Sewer
Stories
3
Subdivision
Not In Development
Zoning
10RHD

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Listing courtesy of EXP Realty LLC. Contact:

Selling Office: IronValley RE of Lehigh Valley.

The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.