Log In/Sign Up
Your email has been sent.
1337 Washington St 3 Unit Apartment Building Offered at $530,000 at a 10.33% Cap Rate Easton, PA 18042
Investment Highlights
- Two-car garage with loft
- Great cash flow.
- Tennats pays all utilities
Executive Summary
Exceptional Turnkey Investment Opportunity in Easton, PA! 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.
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $530,000 | Lot Size | 0.09 AC |
| Price Per Unit | $176,667 | Building Size | 3,372 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 10.33% | No. Stories | 2 |
| No. Units | 3 | Year Built | 1900 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | RMD | ||
| Price | $530,000 |
| Price Per Unit | $176,667 |
| Sale Type | Investment |
| Cap Rate | 10.33% |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.09 AC |
| Building Size | 3,372 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | RMD |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | L9SW2C-23-12-0310 | Improvements Assessment | $47,000 (2026) |
| Land Assessment | $12,900 (2026) | Total Assessment | $59,900 (2026) |
Property Taxes
Parcel Number
L9SW2C-23-12-0310
Land Assessment
$12,900 (2026)
Improvements Assessment
$47,000 (2026)
Total Assessment
$59,900 (2026)
1 of 84
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1337 Washington St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.