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1304 Washington Street

EASTON, PA 18042
  • $399,000
  • STATUS: Active
  • ON SITE: 88 Days
  • ID#: PANH2006396
UPDATED: 59 min ago
$399,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,228
    SQFT
  • $179
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T17:52:16.293.
www.lisasellsdelaware.com/homes/154802411
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1304 Washington Street EASTON, PA 18042

  • Price: $399,000
  • Status: Active
  • On Site: 88 Days
  • Updated: 59 min ago
  • ID#: PANH2006396
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,228
SQFT
$179
$/SQFT
1900
Built
Neighborhood:
Easton City (12410)
County:
Northampton
Area:
Easton City (12410)
School District:
Easton Area
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.
Exterior Features

Architectural Style Side-by-SideSplit LevelUnit/Flat Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2228 Appliances RefrigeratorOven/Range - GasDishwasherMicrowave Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CMulti Units Fireplace YN No Heating Forced AirWall Unit Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN Yes Cooling Fuel Electric Existing Lease Type YearlyDouble Net Foundation Details Block Gross Income 35150.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Insurance Expense 1566.00 Maintenance Expense 557.00 Municipality EASTON CITY Navigable Water YN N Net Operating Income 25052.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Operating Expense 10098.00 Operating Expense Includes Insurance Original MLSNumber 803338447642 Owner Pays Taxes - Real EstateInsurance Ownership Interest Fee Simple Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 4512.00 Tax Lot L9SW2C Vacation Rental YN No Water Source Public Zoning RMD

Listing courtesy of SERHANT PENNSYLVANIA LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T17:52:16.293.
 
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