1610 Washington Boulevard

Fully occupied four-unit mixed-use investment property generating $68,568 in gross income and $55,638 in net income. The property includes two 3-bedroom apartments, one 1-bedroom apartment, and a commercial garage leased through 2028, providing stable income with long-term security. The residential units are large and well laid out, including a first-floor 3-bedroom unit with an oversized living room that could be used as an additional bedroom, creating potential for higher rent. Both apartments have updated flooring and offer strong tenant appeal. The commercial garage is leased long-term, adding consistent additional income and stability. The property is located in a core Lehigh Valley area with strong walkability, making it easy to attract and retain tenants. Landlord expenses are low, limited to taxes, insurance, water/sewer/trash, electric, and oil, with tenants reimbursing a large portion of the utilities. A new furnace installed in 2022 adds reliability and helps reduce future capital expenses. With a mix of residential and commercial income, spacious units, and a strong location, this property is a great opportunity for investors looking for steady cash flow and long-term performance in the Lehigh Valley.