Easton, PA 18042,465 ROYAL MANOR RD
Easton, PA 18042,465 ROYAL MANOR RD
Easton, PA 18042,465 ROYAL MANOR RD
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Listed by Scott K Freeman • Coldwell Banker Hearthside Realtors- Ottsville
$2,500,000
Est. payment /mo
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2,000 SqFt
New

465 ROYAL MANOR RD Easton, PA 18042

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Chris Fleming

Chris Fleming

Streamlined Properties | ΓEA⅃

+1(908) 283-0602

UPDATED:

Key Details

Property Type Mobile Home, Commercial

Sub Type Mobile Home/Campgrounds

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $1,250

MLS Listing ID PANH2008004

Year Built 1955

Annual Tax Amount $7,312

Tax Year 2022

Lot Size 2.770 Acres

Acres 2.77

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mobile Home/Campgrounds

Source BRIGHT

Property Description

Royal Manor Village is a rare investment opportunity offering both immediate income and investor-preference flexibility, all set in a peaceful private location with beautiful long-distance views. Ideally located just 10 minutes to both Bethlehem and Easton, and only 5 minutes to I-78, the property provides convenient access to major routes while maintaining a quiet, rural atmosphere. This property is located close to a variety of recreation opportunities, including the Delaware River and Canal, Fry's Run Park, and Mariton Wildlife Sanctuary, making it attractive to both residents and future buyers. The property includes two tenant-occupied, stick-built single-family homes with current leases in place, providing stable, ongoing cash flow from day one. In addition, there are eight brand-new manufactured homes that are move-in ready but currently unoccupied, giving the new owner a blank canvas to maximize returns. Whether you choose to rent all ten homes or sell the individual homes while retaining ownership of the lots to collect lot rents, the flexibility of this property is unmatched. The infrastructure has been completely redone, including a newly paved private roadway and an upgraded septic system, minimizing future capital needs and ensuring low-maintenance operations. With a projected gross income of $225,700 per year, Royal Manor Village is ideal for an investor looking to add a high-yielding asset to their portfolio while benefiting from a fully modernized setup in a highly desirable setting.

Location

State PA

County Northampton

Area Williams Twp (12436)

Zoning R15 - MOBILE HOME

Interior

Hot Water Electric

Heating Forced Air

Cooling Window Unit(s)

Inclusions 8 manufactured homes

Heat Source Propane - Leased

Exterior

Garage Spaces 20.0

Utilities Available Above Ground, Cable TV, Propane

Water Access N

Roof Type Architectural Shingle

Street Surface Black Top

Accessibility None

Total Parking Spaces 20

Garage N

Building

Lot Description Additional Lot(s), Backs to Trees, Sloping

Sewer On Site Septic

Water Community, Well

New Construction N

Schools

School District Wilson Area

Others

Tax ID P10-1-3-0836

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)

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agent

Chris Fleming

NJ - Sales Assoicate | License ID: 2298483

+1(908) 283-0602

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465 ROYAL MANOR RD