Home Buyer's Guide
Provide your information to download our latest guide.
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.
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.
Overview
Property Type
Multi-family
Location
1304 Washington Street, Easton, PA 18042
MLS ID
744600
Listing Last Updated
10/21/2024 3:39 PM
Property Features & Amenities
Interior
Total Bedrooms
4
Full Bathrooms
3
Exterior
Stories
3
Water Source
Public
Utilites
Cable Available
Parking
On Street
Heat Type
Forced Air, Gas
Air Conditioning
Central Air
Sewer
Public Sewer
Security Features
Security System, Closed Circuit Camera(s), Smoke Detector(s)
Details
Financial
Price
$385,000
Buyer Agency Compensation
2.5%
Real Estate Tax
$4,605/yr
Zoning
R-MD-RESIDENTIAL - MEDIUM
Exclusive Listing Agents
