1434 Butler St, Easton, Pennsylvania, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$225,000

1434 Butler St
Easton, Pennsylvania, United States

3bd 2ba

Listed By: Realtyww Info

Listed On: 09/12/2024

Listing ID: GL11204469 View More Details

Description

Now available in Easton, this 2-unit property offers an 8.3% cap rate and a 1.34 DCR, making it a prime investment opportunity. The first unit is a 1-bedroom, 1-bath on the ground floor, with a long-term tenant who has been in place for 13 years. As a Section 8 tenant, the rent is reliably adjusted each year, providing stable income. The second unit spans the second and third floors and features 3 bedrooms (one is a walk-through) and 1 bath. Tenants in both units cover their own heat, cable, and internet. Additionally, theres a 2-car detached garage, which could generate extra income. It is currently included in the lease terms for Unit 1 but offers future flexibility for other uses. This property is an ideal house-hack opportunitylive in one unit and let the rental income cover a significant portion of your mortgage. Group showings are scheduled for 9/14 from 1-2 PM. Contact your agent to confirm your spot. Full Pro Forma and Offering Memorandum are available upon request. Dont miss out on this solid investment or personal homeownership opportunity!

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Listed by: The Frank Renaldi Team