1434 Butler Street
Easton, PA 18042
- 3 beds
- 2 baths
- 2,160 sqft
- $104 per sqft
- 1900 build
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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, there’s 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 opportunity—live 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. Don’t miss out on this solid investment or personal homeownership opportunity!
Listing courtesy of GLVR / CENTURY 21 Pinnacle
Last checked:
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Last updated Nov 9, 2024
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MLS# 745002 —
The Building
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Year Built:1900
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Year Built Exception:Unknown
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Construction:Aluminum
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Stories:2.0
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SqFt:2,160 Sqft
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SqFt Source:Tax Records
Location
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Area:Easton
The Property
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Property Type:Investment Property
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Property Subtype:Investment Property
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Property Subtype Category:Converted, Semi Detached/Twin
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Zoning Code:R-MD
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Features:Patio
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Total Taxes:$3,784.31
Beds
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Bedrooms:3
Baths
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Baths:2
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Full Baths:2
Heating & Cooling
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Heat:No
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Cooling:Ceiling Fans
Utilities
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Water:Public
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Water/Sewer:1500
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Sewer:Public
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Gas:1000
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Electric:400
Schools
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School District:Easton
The Community
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Subdivision:Not in Development
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Association:Lehigh Valley MLS
Parking
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Parking Spaces:2
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Garage:Detached
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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11/7/24
Nov 7, 2024
|
Sold | GLVR | $225,000 | |
9/10/24
Sep 10, 2024
|
Listed / Active | GLVR | $225,000 |