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
Residential
Location
1304 Washington Street, Easton, PA 18042
MLS ID
744600
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
4
Full Bathrooms
3
Exterior
Stories
3
Water Source
Public
Air Conditioning
Central Air
Sewer
Public Sewer
Details
Financial
Price
$399,000
Buyer Agency Compensation
2.5%
Real Estate Tax
$4,605/yr
Zoning
R-MD-RESIDENTIAL - MEDIUM DENSITY
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