937 Ferry Street, Easton, PA 18042

Property Info

Remarks

ATTENTION ALL INVESTORS!! Are you looking for your next project? This property includes 6 residential units plus a commercial building, all on one deed. The current owner has made modest rent increases, leaving significant value-add potential for the next investor. The complex features a four-unit building at 937 Ferry St, a two-unit building at 44 S 10th St, and a laundromat building, at 939 Ferry St which, is a currently operating business with a long-term lease in place, laundromat & equipment are NOT PART OF THE SALE. Most apartments include a walk-through room that could serve as a bonus space but is not counted as a bedroom. Recent updates include a new fire panel and alarm system (March 2024), removal of all oil tanks and basement asbestos, and a new roof installed on 937 Ferry St (excluding the laundromat) in 2022. All units are heated with electric baseboards. Units 1, 2, and 4 have individual hot water heaters located in the basement, while Unit 3’s is in-unit. Electrical panels for Units 2 and 3 are in the apartments; Units 1 and 4 have panels in the basement. Property needs some TLC rehab and is priced accordingly. All CO repairs will be on the buyer. Don’t miss the chance to unlock its full potential! Being sold AS-IS.