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Sold for $575,000 on 01/20/23
  • $575,000

    1201 Butler St, Easton, PA 18042

    8beds
    2,970sqft
    Multi Family, Apartment
    Built in 1997
    -- sqft lot
    $613,300 Zestimate®
    $194/sqft
    $2,312 Estimated rent

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    $3,643/mo

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    What's special

    **Multiple Offers Received- Highest and best due by 12/31 @ 6PM**GREAT INVESTMENT OPPORTUNITY!! Solid 4-unit brick building built in 1997, CORNER BUILDING. Four (2) bedroom apartments that are all currently occupied. The former daycare that was located on the first floor was converted into Two (2) bedroom apartments in 2019. One of the units is handicap accessible. You are essentially getting a maintenance free investment property, which are very rare to find. The current rents are lower so there is room for growth. Market rent Proforma gross income is $70,800. Off street parking lot located right next to the building for the tenants to park their cars. All units pay for their HEAT and CENTRAL AIR systems (electric). Landlord is responsible for water/sewer/trash. Don’t miss this rare opportunity to add this SUPER CLEAN/MODERN 4 unit to your portfolio- Also great if you are doing a 1031 Exchange!!

    Zillow last checked: 7 hours ago

    Listing updated: January 20, 2023 at 09:23am

    Listed by:

    Wes Zelenz 215-536-8758,

    NZO Realty

    Bought with:

    Sureya Lococo, RS220003L

    RE/MAX Real Estate

    Source: GLVR,MLS#: 707674MLS LogoOriginating MLS: Lehigh Valley MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup
    Features
    • Handicap Access
    Interior area
    • Total interior livable area: 2,970 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved, Parking Lot
    Features
    • Stories: 2
    Lot
    • Size: 4,704 sqft
    Details
    • Parcel number: L9SE1D 24 10 0310
    • Zoning: B-NS-BUSINESS/NEIGHBORHOO
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    Condition
    • Year built: 1997

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Easton
    • Subdivision: Not in Development

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $613,300
    2% more+$12,266
    With Zillow Showcase(estimated)$625,566