UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,778 sqft
Price per Sqft $140
Subdivision Not In Development
MLS Listing ID 781633
Bedrooms 6
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1922
Annual Tax Amount $6,531
Lot Size 3,833 Sqft
Acres 0.088
Property Sub-Type Apartment
Property Description
Don't miss this fully occupied, income-producing 4-unit property in one of Easton's strongest rental markets. This well-maintained asset features three residential apartments plus a detached 2-car garage with a loft, creating multiple income streams and long-term investment potential.
Thoughtfully updated with durable luxury vinyl plank flooring, the property offers reduced maintenance costs and true turnkey ownership. Tenants pay all utilities, as well as lawn care and snow removal, keeping operating expenses exceptionally low and making this a highly efficient investment.
With a gross annual income of $63,624 and an impressive net income of $54,746, this property delivers immediate cash flow and strong returns. Located just minutes from downtown Easton, shopping, dining, and major commuter routes, it benefits from consistent rental demand and excellent long-term appreciation potential.
Whether you're expanding an established portfolio or purchasing your first multifamily investment, this property offers the stability, low overhead, and reliable income today's investors are looking for.
Schedule your private showing today and add this exceptional cash-flowing asset to your portfolio.
Location
State PA
County Northampton
Area Easton
Direction Directions: From Route 22, take the 13th Street exit south toward Easton. Continue on N. 13th St., turn right onto Washington St. Property is on the right at 1337 Washington St.
Interior
Heating Electric
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage, Off Street, On Street
Water Access Desc Public
Total Parking Spaces 2
Garage Yes
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Easton
Others
Senior Community No
Tax ID L9SW2C 23 12 0310
Special Listing Condition None