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Joy and Dave Flood Realtors
918 Washington St, Easton, PA 18042
- $390,000
- 6
- BD
- 3
- BA
- 3,056
- SqFt
- Sold Price
- $390,000
- List Price
- $415,000
- Closing Date
- May 15, 2026
- MLS#
- 772140
- Status
- CLOSED
- City
- Easton
- Area
- Easton
- County
- Northampton
- Neighborhood
- Not In Development
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 3,056
- Lot Size
- 2,040
- Year Built
- 1900
Property Description
Highest and Best offer by 5:00 pm March 2nd. Fully occupied three-unit investment property generating $34,800 in gross income and $27,697 in net income. The asset consists of three 2-bedroom apartments, offering a consistent and highly desirable unit mix supported by strong rental demand in the Easton submarket. All units are currently leased, providing immediate and stable cash flow. Tenants are responsible for gas heat and electric, both separately metered, as well as water, which is submetered and billed directly to each unit. This structure creates a low-expense profile with landlord responsibilities limited strictly to taxes and insurance, resulting in operational simplicity and predictable performance. The apartments feature nice-sized layouts with functional floor plans that continue to attract steady tenant interest. Situated in a strong Easton location, the property benefits from convenient access to local amenities, employment centers, and transportation corridors. With durable in-place income, minimal expense exposure, and a uniform 2-bedroom unit mix, this asset is well suited for investors seeking stabilized cash flow, efficient management, and long-term performance in a proven rental market.
Additional Information
- Acres
- 0.05
- Cooling
- None, Window/Wall
- Living Area
- 3,056
- Lot Size
- 2,040
- Parking Spaces
- 3
- Region
- Easton
- School District
- Easton
- Sewer
- Public Sewer
- Stories
- 3
- Taxes
- $4,601
- Zoning
- 10RMD
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Listing provided by EXP Realty LLC
Selling Office: NON MBR Office.The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.