675 Bushkill St, Easton, PA 18042
- $925,000
- 15
- BD
- 5
- BA
- 5,548
- SqFt
- List Price
- $925,000
- MLS#
- 785208
- Status
- ACTIVE
- City
- Easton
- Area
- Easton
- County
- Northampton
- Neighborhood
- Not In Development
- Bedrooms
- 15
- Bathrooms
- 5
- Living Area
- 5,548
- Lot Size
- 1,960
- Year Built
- 1900
Property Description
FIVE SEPARATE PARCELS | FULLY OCCUPIED | BELOW-MARKET RENTS | INCOME-PRODUCING INVESTMENT Excellent investment opportunity! This portfolio of five individually parceled, all-brick homes in Easton offers immediate rental income with additional income growth potential. All five properties are fully occupied, with current rents ranging from $1,200 to $1,450 per month. Current rents are below market, presenting an opportunity for future rental increases, subject to applicable lease terms and regulations.Properties feature newer roofs, gas furnaces, semi-modern kitchens and bathrooms with attractive oak cabinetry, and backyard space. Tenants pay all utilities, keeping ownership expenses relatively low. The portfolio generates $78,000 in annual gross rental income, with approximately $18,058 in annual property taxes and insurance, resulting in an estimated $59,942 in annual income before other applicable operating expenses.Portfolio provides immediate cash flow, potential rental upside, and the flexibility of five separate parcels. An opportunity for investors looking to expand their portfolios with established income-producing residential properties.Schedule your private showing today! SALE INCLUDE PARCEL NO L9NE4C 11 4 0310 ,L9NE4C 11 5 0310 , L9NE4C 11 6 0310, L9NE4C 11 7 & L9NE4C 11 8 0310
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Additional Information
- Acres
- 0.05
- Cooling
- None
- Living Area
- 5,548
- Lot Size
- 1,960
- Parking Spaces
- 10
- Region
- Easton
- School District
- Easton
- Sewer
- Public Sewer
- Stories
- 3
- Taxes
- $15,058
- Zoning
- 10RMD
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Listing courtesy of Saffron Real Estate.
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