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Property profile & analytics
OFF-MARKET
Commercial real estate

832 Walnut Ave Easton, PA 18042

0.03 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a two-unit building ideally situated just two blocks from the Easton courthouse. The property boasts a first-floor office space currently projected to generate $2,500 in monthly rent. This space is well-maintained and ready for immediate occupancy. Upstairs, a two-bedroom apartment provides consistent income with a long-term tenant currently paying $1,500 per month on a month-to-month lease. The building itself is in excellent condition, reflecting meticulous upkeep. The property's size encompasses a 0.03-acre lot. The owner currently covers water, sewer, and trash expenses, while tenants are responsible for their own electricity. This turnkey investment offers a compelling blend of stable rental income and a prime location in a thriving area. The strong rental history and projected income make this an attractive opportunity for investors seeking a reliable return on their investment. The convenient location near the courthouse ensures high visibility and accessibility. This property is a rare find, combining solid financial performance with a desirable location. Don't miss this chance to acquire a profitable commercial property in a sought-after Easton neighborhood. The building's excellent condition minimizes immediate maintenance needs, maximizing your return on investment.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Lot 0.03 ac (1,307 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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