Property Details for 832 Walnut Ave

Year built

1950

Lot size

0.03 lot acres

Property type

Commercial real estate

Description

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.

Location Insight

City

Easton

County

Northampton

State

Pennsylvania

Longitude

-75.2199

Latitude

40.687