For Sale
$2,520,000

530 Milford St Easton, PA 18045

84-Unit Apartment Building, 2.92 Acres

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a prime 2.92-acre parcel in Easton, Pennsylvania, zoned for heavy industrial-mixed use. Currently configured as parking lots, the property offers significant development potential. The site is approved for the construction of an 84-unit apartment building, representing a substantial multifamily development project. Located at 530 Milford St, in Northampton County, PA, 18045, this property boasts a highly convenient location. The asking price for this lucrative investment is $2,520,000. The existing zoning allows for a wide range of uses, making it an attractive proposition for both experienced developers and investors seeking high-yield returns. With its substantial size and strategic location, this property presents a rare chance to capitalize on the growing demand for multifamily housing in the Easton area. The 84-unit potential provides a significant scale for future rental income. The property's large land area also offers flexibility for future expansion or additional development projects. This is a turnkey opportunity to acquire a substantial multifamily development site in a desirable location with a clear path to profitability. The property's location offers easy access to major transportation routes and amenities, further enhancing its appeal to potential residents. This is a unique chance to acquire a large-scale development project with significant upside potential.

Highlights

  • 2.92-acre site currently used as parking lots.
  • 84-unit apartment development planned.
  • Heavy industrial/mixed-use zoning.
  • Excellent location.
  • Asking price: $2,520,000

Property Details for 530 Milford St

Property type
Land, Apartment buildings
Square Feet
1 SF
Lot Size (sq. ft)
127,195 SF
Units
84

Location Insight

City
Easton
County
Northampton
State
Pennsylvania
Latitude
40.677217
Longitude
-75.257593

FAQs

What type of property is this?
Land - 84-Unit Apartment Building, 2.92 Acres
Where is the land located?
The property is located at 530 Milford St Easton, PA.
What is the asking price?
The asking price for this property is $2,520,000.
What are key features of this property?
This property features: 2.92-acre site currently used as parking lots.; 84-unit apartment development planned.; Heavy industrial/mixed-use zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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530 Milford St
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