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Investment Highlights

  • 7-residential units, 3 individual rented garage bays/parking spots
  • Separate electric and heat to all units
  • NFPA 72 fire alarm certification completed in 2025
  • 1/2 block from Lafayette College
  • Many updates and renovations. 6.51% Cap rate, easily 7% with small increases based on listing price.

Executive Summary

7-unit investment opportunity in Easton’s desirable College Hill neighborhood, just one block from Lafayette College. The property includes a mix of apartments along with a detached garage featuring 3 separate bays, providing additional income potential. Opportunity exists to further optimize rents and increase income over time. Separate electric and heat for all units contribute to an efficient expense structure. Recent improvements include multiple unit renovations, as well as common area and garage upgrades, enhancing overall functionality and long-term value. NFPA 72 fire alarm certification completed in 2025. Schedule your appointment today. Some photos have been virtually staged. Positioned on a hilltop overlooking the Delaware River, the property benefits from strong and consistent rental demand due to its proximity to Lafayette College, downtown Easton, and local restaurants, shops, and amenities. College Hill is widely regarded as one of Easton’s most desirable residential areas. Easton, the county seat of Northampton County, sits at the confluence of the Delaware and Lehigh Rivers and has experienced significant downtown revitalization in recent years. The property is well-positioned within the broader Lehigh Valley market, offering convenient access to major employment centers, transportation routes, and regional amenities. An excellent opportunity for investors seeking a well-located multifamily asset with strong demand and long-term growth potential.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,804,065 CAD
Price Per Unit $257,724 CAD
Sale Type Investment
Cap Rate 6.51%
Sale Condition 1031 Exchange
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Building Class B
Lot Size 0.08 AC
Building Size 4,154 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2024
Parking Ratio 0.72/1,000 SF
Zoning BNS - College Hill St Corridor Overlay

Amenities

  • Smoke Detector

Unit Amenities

  • Cable Ready
  • Dishwasher
  • Microwave
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Carpet
  • Yard
  • Handrails
  • Patio
  • Porch
  • Quartz Countertops

Site Amenities

  • 24 Hour Access
  • Picnic Area
  • Trash Pickup - Curbside
  • Public Transportation
  • Private Bathroom
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - -
1+1 4 - -
2+1 1 - -
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
L9NE2C-18-11-0310
Land Assessment
$32,165 CAD (2026)
Improvements Assessment
$79,515 CAD (2026)
Total Assessment
$111,680 CAD (2026)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40165126

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 133 Cattell St, Easton, PA 18042

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