5 Freemansburg Avenue

5 Freemansburg Avenue

Easton, PA 18042

$495,000
Price
5
Beds
2
Baths
1
1/2 Bath
4,491 Sq. Ft.
$110 / Sq. Ft.
4,491
Sq. Ft.
$110
per Sq. Ft.
a view of a car park in front of a building
a view of a car park in front of a building
a bedroom with furniture and flat screen tv
a kitchen with stainless steel appliances a stove a sink dishwasher and cabinets with wooden floor
a room with lots of wooden furniture and a water heater
an empty room with wooden floor
a view of empty room
a bathroom with a sink and a mirror
a utility room with sink dryer and washer
an empty room with windows
a view of a livingroom with a staircase
a view of a hallway
a bathroom with a sink vanity and a mirror
an empty room with windows
a view of an empty room and window
an empty room with a window
a living room with furniture and a flat screen tv
a view of a livingroom and a dining room with furniture wooden floor a chandelier
a view of empty room
a view of swimming pool with outdoor seating
a view of a car park in front of house
a view of swimming pool with outdoor seating
a view of a room with gym equipment
a room with lots of wooden furniture and a water heater
a bedroom with furniture and flat screen tv
a living room with lots of furniture and a flat screen tv
a very nice looking room with wooden floor and furniture
a view of a livingroom with chairs
a room with lots of furniture and a large window
a view of a hallway with wooden floor and stairs
a view of gallery with wooden floor
a car parked in front of a house
a view of bathroom with washer and dryer
a backyard of a house with barbeque oven stove and refrigerator
a view of a car park in front of house
a view of a street with cars
a view of a car park in front of a building

Description

Welcome to 2400 1/2 Freemansburg Ave, a prime investment opportunity in Wilson! Strategically situated on a main st, this property boasts 3 units designed for maximum rental potential. At street level, a thriving commercial space awaits currently as a grocery store. This space encompasses a showroom and convenient half bath, ensuring both functionality and appeal. Unit 1 on the first floor, discover a comfortable apartment featuring an inviting open-concept layout blending the living room and kitchen...Welcome to 2400 1/2 Freemansburg Ave, a prime investment opportunity in Wilson! Strategically situated on a main st, this property boasts 3 units designed for maximum rental potential. At street level, a thriving commercial space awaits currently as a grocery store. This space encompasses a showroom and convenient half bath, ensuring both functionality and appeal. Unit 1 on the first floor, discover a comfortable apartment featuring an inviting open-concept layout blending the living room and kitchen seamlessly. Accompanied by two spacious bedroom, another room and a full bath, and in-unit laundry facilities, this unit offers modern convenience and comfort. Unit 2 on the second floor is a generous apartment highlighted by a large open living and dining area, complemented by an efficient kitchen setup. With two bedrooms and a full bath, this unit caters to the needs of tenants seeking both space and functionality. The property also features a large, unfinished basement, originally designed to accommodate a oversized one-car garage, offering ample storage options or potential for future development. With full occupancy, impeccable tenant payment records, and a stellar 8%+ cap rate, this turnkey investment promises both immediate returns and long-term stability. Don't miss out on this exceptional opportunity to add a high-performing asset to your portfolio!
  1. Listed by Anthony Ramos • Century 21 Ramos Realty

Property Details for 5 Freemansburg Avenue

Area
Wilson
Sub division
Not in Development

Location

Listing Courtesy of Century 21 Ramos Realty
Add your commute
LISTING UPDATED: 04/09/2024 10:52 AM

Property Details for 5 Freemansburg Avenue

StatusAvailable
MLS #733989
Days on Market31
Taxes$4,818 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Mixed Use
Year Built1938
Lot Size0.06 AC / 2,772 SF
CountyNorthampton County

Location

Listing Courtesy of Century 21 Ramos Realty
Add your commute

Building Information for 5 Freemansburg Avenue

Stories-Residences3Year Built1938Building Size-Lot Size0.06 AC / 2,772 SF

Payment Calculator

$3,103 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,701

Property Taxes

$402

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Freemansburg Avenue

Summary
Location and General Information
  • Directions: Take Route 22 East. Get off at 25th Street. Make a right onto 25th Street. Make a sharp left on Freemansburg Avenue. Property is on right.
  • School District: Wilson
Parking
  • Garage: Built In
  • ParkingSpaces: 0
Taxes and HOA Information
  • Association: Lehigh Valley MLS
  • County Taxes: $541.08
  • Lawn Snow Removal: $0
  • Maintenance Repair: $570
  • Management: 0
  • Municipal Taxes: $1,277.55
  • School Taxes: $2,999.34
  • Total Taxes: $4,817.97
Property
Lot Information
  • Acres: 0.064
  • APN: M9NW1B 12 22 0837
  • Zoning Code: R-2-MEDIUM DENSITY RESIDENTIAL
Property and Assessments
  • County Assessment: $50,100.00
  • Property SubType Category: Mixed Use
  • Adult Comm 55 Over: No
Utilities
  • Cooling: Ceiling Fans, Wall AC
  • Electric: 0
  • Gas: $0
  • Sewer: Public
  • Water: Public
  • Water Sewer: 880
Interior and Exterior Features
Exterior Features
  • Construction: Brick
Interior Features
  • Baths: Modern
  • Heat: $2,900
  • Heat Type: Oil
Multi Family
Multi-Family Information
  • Gross Income: $43,260.00
  • Insurance: $1,050
  • Net Income: $37,860.00
  • Operating Expense: $5,400
  • Other Expenses: $0
  • Trash Removal: 0
  • Total Unit Count: 3
  • Total Units: 3
Unit 2
  • Unit Total2 Bedrooms: 1
Unit 3
  • Unit Total3 Bedrooms: 1

Property History for 5 Freemansburg Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5 Freemansburg Avenue

This home is within Wilson Area School District.
Rating
School
Type
Grades
Distance
Wilson Area Intermediate School
Public - 5 to 8
Wilson Area High School
Public - 9 to 12
Avona El School
Public - K to 4
Wilson Borough El School
Public - K to 4
Rating
School
Distance
Wilson Area Intermediate School
Public5 to 8

Wilson Area High School
Public9 to 12

Avona El School
PublicK to 4

Wilson Borough El School
PublicK to 4

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.

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More information about 5 Freemansburg Avenue, Easton, PA 18042

5 Freemansburg Avenue is a multi-family home for sale in Easton, PA 18042. This property was listed for sale on March 29, 2024 by Century 21 Ramos Realty, it's currently listed at $495,000. This listing's school district is Wilson Area School District. Nearby schools include Wilson Area Intermediate School, Wilson Area High School and Avona El School. 5 Freemansburg Avenue is a 5-bed, 2.5-bath, 4,491 sqft multi-family home built in 1938.

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 Century 21 Ramos Realty

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.