Property Listing No Longer Available for Sale

519 Valley Street, Easton, PA

Multi-family for Sale - $449,900 - 0.15 acres


Property Info

CIMLS#1044521
Location
  519 Valley Street
  Easton PA 18042
UpdatedAugust 15th, 2019
TypeMulti-family
Price$449,900
Land0.15 acres

Property Description

Meticulously Maintained Fully Occupied 5-Unit Apartment Building Located in South Easton. Newer Build from 1993, all 5 units been recently upgraded with a modern flair, and common areas are currently being repainted! All units individually metered both electric/gas, tenants pay all utilities. Owner pays sewer/trash/and water for 2 units. Zoned heating furnaces have been properly maintained and updated as needed, newest unit installed in 2017, 4 units with gas H/W furnaces, 1 unit electric. 2+ storage units in lowest level, great for added cash flow. Additional property details include, 6/7 car off street parking, New Security System with Full Building Camera Monitoring, and Laundry area on lower level, easily convertible for another income stream. Long term tenants, 4 units with active 1 year leases and 1 unit on month to month. Gross Income- $52,200 (with storage rentals) Net Operating Income -$36,323.. 8% Cap at List. Call Today for this Perfect Turn Key Cash Generator!


Financials