16 Centre Sq Circle

Easton, PA 18042

$7,450,000
Last Sold Price
Beds
31,000 Sq. Ft.
$240 / Sq. Ft.
31,000
Sq. Ft.
$240
per Sq. Ft.

Description

Rare, downtown investment opportunity located in the Center of Downtown Easton. This former office building has been totally gutted and converted into ultra high end apartments with custom kitchen, first class appliances, and a gym in the building. The property also has a 6,400 square foot retail space and a large unfinished lower level which used the be the former bank's board room. This trophy location has been extremely popular for renters and there is rarely a vacancy.Rare, downtown investment opportunity located in the Center of Downtown Easton. This former office building has been totally gutted and converted into ultra high end apartments with custom kitchen, first class appliances, and a gym in the building. The property also has a 6,400 square foot retail space and a large unfinished lower level which used the be the former bank's board room. This trophy location has been extremely popular for renters and there is rarely a vacancy.
  1. Listed by Garrett R. Benner • Boutique One Properties LLC

Property Details for 16 Centre Sq Circle

Area
Easton
Sub division
Not in Development

Location

Listing Courtesy of Boutique One Properties LLC

Sold By IronValley RE of Lehigh Valley

Add your commute
LISTING UPDATED: 01/14/2022 03:30 PM

Property Details for 16 Centre Sq Circle

StatusSold & Settled
MLS #654057
Days on Market274
Taxes$47,547 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Style
Year Built1900
CountyNorthampton County

Location

Listing Courtesy of Boutique One Properties LLC

Sold By IronValley RE of Lehigh Valley

Add your commute

Building Information for 16 Centre Sq Circle

Building/Complex16 Centre Sq CirFloor-Stories5Residences28Pet Policy-Year Built1900Building Size-

Payment Calculator

$44,620 per month

30 year fixed, 7.25% Interest

Principal and Interest

$40,658

Property Taxes

$3,962

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16 Centre Sq Circle

Summary
Location and General Information
  • Directions: Take 3rd street and head towards the Circle at Centre Square. The building sits on Centre Square.
  • School District: Easton
Parking
  • Parking: Off Site
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $5,424.46
  • Lawn Snow Removal: $700
  • Maintenance Repair: $10,000
  • Management: 19445
  • Municipal Taxes: $11,469.52
  • School Taxes: $30,652.80
  • Total Taxes: $47,546.78
Virtual Tour
Property
Lot Information
  • Acres: 0.179
  • APN: L9SE2B 5 11 0310
  • Lot Size Source: Tax Records
  • Zoning Code: B-RT-BUSINESS/REGIONAL TRADE
Property and Assessments
  • County Assessment: $459,700.00
  • Property SubType Category: Apartment Style
Utilities
  • Cooling: Central AC
  • Electric: 33841
  • Gas: $3,230
  • Sewer: Public
  • Water: Public
  • Water Sewer: 8870
Interior and Exterior Features
Exterior Features
  • Construction: Brick, Other
Interior Features
  • Baths: Modern
  • Heat: $0
  • Heat Type: Electric
Multi Family
Multi-Family Information
  • Gross Income: $648,185.00
  • Insurance: $15,000
  • Net Income: $492,686.00
  • Operating Expense: $121,858
  • Other Expenses: $11,334
  • Trash Removal: 1984
  • Total Unit Count: 0
  • Total Units: 28
Unit 1
  • Unit Total1 Bedroom: 20
Unit 2
  • Unit Total2 Bedrooms: 8

Property History for 16 Centre Sq Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Centre Sq Circle

Taxable ValueLand$51,200Additions$806,900Total$858,100
Tax Record2024$89,019 ($7,418 / month)
Home Facts
Total Finished SqFt34,255 SqFtAbove Grade Finished SqFt34,255 SqFtStories1Lot Size7,800 SqFtStyleOffice BuildingYear Built1900ZoningBRTCountyNORTHAMPTONAPNL9SE2B 5 11 0310

Schools near 16 Centre Sq Circle

This home is within Easton Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
March El School
PublicK to 5

Easton Area Middle School
Public6 to 8

Easton Area High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Boutique One Properties LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.