Fantastic investment opportunity in the City of Easton! This fully leased 2-unit property features two 1-bedroom apartments generating a combined monthly rent of $1,850, offering immediate cash flow. This property delivers a strong CAP rate of approximately 9.4%, making it an ideal addition to any investor's portfolio. Each unit offers comfortable living space with separate utilities, and tenants are already in place. Located close to downtown Easton, major highways, shopping, and public transportation. Buyer will be responsible for obtaining a clear Certificate of Occupancy from the City of Easton. Don’t miss this chance to own a high-yield property in a growing market!
Pending
$219,000
1029 Washington St, Easton, PA 18042
2beds
1,292sqft
Est.:
Apartment
Built in 1900
-- sqft lot
$214,100 Zestimate®
$170/sqft
$-- HOA
What's special
Comfortable living spaceSeparate utilities
- 30 days
- on Zillow |
- 1,323 |
- 35 |
Zillow last checked: 7 hours ago
Listing updated: May 29, 2025 at 02:37am
Listed by:
Jeanne Rossi 610-419-6101,
DKR Property Mgmt & Maint LLC 610-419-6101
Source: GLVR,MLS#: 756985
Originating MLS: Lehigh Valley MLS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Semi Modern
Heating
- Baseboard, Natural Gas, Radiator
Cooling
- Has cooling: Yes
Interior area
- Total structure area: 1,292
- Total interior livable area: 1,292 sqft
Property
Features
- Stories: 2
Lot
- Size: 1,655.28 Square Feet
Details
- Parcel number: L9SE1D 21 35 0310
- Zoning: R-MD-RESIDENTIAL - MEDIUM DENSITY
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in Development
Location
- Region: Easton
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $29,400
- Annual tax amount: $3,134
- Date on market: 5/6/2025
- Listing terms: Cash,Conventional
- Lease term: 1 + Year
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