Property Description
Welcome to 1304 Washington Street, Easton, PA--a fantastic opportunity for investors seeking a high-performing, income-generating property! This meticulously maintained asset generated a gross profit of $35,150 last year, offering a net operating income (NOI) of $25,052, which yields an attractive 6.28% cap rate at the listing price of $399,000. Located in a prime area of Easton, this property combines excellent location benefits with strong rental potential. With a solid tenant base and consistent revenue, this property is perfect for both seasoned and new investors looking to expand their portfolio. The area is known for its vibrant community, growing economy, and strong demand for rental properties. Whether you're looking for steady cash flow or a long-term investment, 1304 Washington Street offers the perfect balance of income potential and property value appreciation.
Overview
Property Type
Multi-family
Location
1304 Washington St, Easton, PA 18042
MLS ID
PANH2006396
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
2
Appliances
Dishwasher, Refrigerator, Microwave, Gas Oven, Gas Range
Exterior
Water Source
Public
Parking
On Street
Heat Type
Forced Air, Natural Gas
Air Conditioning
Central Air
Sewer
Public Sewer
Details
Architecture Styles
Side-by-Side, Split Level, Unit/Flat
Financial
Price
$399,000
Real Estate Tax
$4,512/yr