This is a safe investment/Income Cash Cow! The beauty of this property is that it is on the smaller side, providing for minimal maintenance needs w/a tremendous Cash Flow. Why invest in a property that is double the size w/double the potential upkeep when you can purchase âCompact, Economical & Profitableâ? The cap rate is 7.85% which provides you w/a fantastic ROI & Limited Risk. The rents are diversified into 6 separate leases including a Professional & Beautiful Anchor Tenant in the form of a very popular Beauty Salon. The tenants are all Long Term (only 1 lease is month to month), the leases are Rock Solid & they want to stay! There are many updates including well maintained mechanicals, replacement windows, bathroom, flooring & kitchen updates. There are minimal areas that need any attention. The property was purchase by the current owner (appraisal attached) & upgrades have been made. This property is being offered at a very Fair price! Schedule your tour today!
Off market
Price Unknown
1832-34 Freemansburg Ave, Easton, PA 18042
0beds
0baths
2,934sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$2,108 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Forced air, Heat pump, Electric, Gas
Interior area
- Total interior livable area: 2,934 sqft
Property
Lot
- Size: 6,098 sqft
Details
- Parcel number: L9SW3A 15 1B 0837
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Easton