832 Walnut Ave Easton, PA 18042

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