1304 WASHINGTON ST Under Contract

Easton,PA 18042

$ 399000

- Bed

- Bath

2228 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,228 sqft

Price per Sqft $179

MLS Listing ID PANH2006396

Style Side-by-Side,Split Level,Unit/Flat

Year Built 1900

Annual Tax Amount $4,512

Tax Year 2022

Lot Size 2,688 Sqft

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.

Location

State PA

County Northampton

Area Easton City (12410)

Zoning RMD

Interior

Hot Water Natural Gas

Heating Forced Air,Wall Unit

Cooling Central A/C,Multi Units

Equipment Refrigerator,Oven/Range - Gas,Dishwasher,Microwave

Exterior

Water Access N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Easton Area

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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