$385,000
$399,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1304 WASHINGTON ST Easton, PA 18042
2,228 SqFt
Key Details
Sold Price $385,000
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,228 sqft
Price per Sqft $172
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 Sub-Type Twin/Semi-Detached
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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Bought with LaTanya D Grays • Compass Pennsylvania, LLC