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59 Railroad Ave
Washington, NJ 07882

$1,319,000 USD

Apartments For Sale  •  5,141 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,141 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1920
  • Zoning R3
30 Walk Score

Highlights

Six-unit multifamily asset with additional garage and storage income.
More than $132,000 in annual gross income from diversified revenue streams.
Approximately $11,800 of near-term income upside from below-market rents.
Ownership invested more than $225,000 in capital improvements since 2023.
Renovation program completed in four units with two units remaining.
Walkable downtown location with access to Routes 57, 31, and I-78.

Public Transportation

AirportDriveWalkDistance
Lehigh Valley International 48 min - 28.2 mi
Mark Gutierrez 508-505-0527 59 Railroad Ave LLC
Mark Gutierrez 508-505-0527 59 Railroad Ave LLC