905 Palmer St, West Easton, PA 18042

$497,000
4
BD
2
BA
1,862
SqFt

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List Price
$497,000
MLS#
785813
Status
COMING SOON
Type
Multifamily
City
West Easton
Area
West Easton
County
Northampton
Bedrooms
4
Bathrooms
2
Living Area
1,862
Lot Size
10,074
Year Built
1900

Property Description

Check out this fully-leased 3-unit in West Easton borough, featuring a detached, two-unit building paired with six garage bays, offering a unique configuration of two double bays and two single bay garages. This real estate opportunity offers immediate and stable cash flow. The current owner occupies one of the garage's single bay, thus presenting additional rent potential for the new LL. Unit 1 contains one bedroom and one bath and laundry, while the upstairs, Unit 2, offers a larger layout equipped with three bedrooms, one bath and laundry. Tenancy is supported by independent utility arrangements, as tenants pay for their own heat/gas and electric. The landlord pays for water, sewer, and trash, but two water meters are present on-site, allowing the new owner to easily charge the tenants water usage, increasing the NET Income! Outdoor living areas include a covered side porch attached to Unit 1 and a covered front porch for Unit 2 porch offering a quiet, outdoor space for both tenants. Beyond the six garage bays, a large parking area allows for another four to five parking spots. Additionally, there's plenty of storage for all, utilizing the basement, as well as garage space. A well-maintained charmer in the Wilson School District, the new owner will have peace of mind, as the exterior is capped with a brand new roof and the property will be sold with a clear CO.

Additional Information

Property Taxes
$4,194
Acres
0.23
Cooling
Ceiling Fan(s), Window/Wall
Living Area
1,862
Lot Size
10,074
Parking Spaces
10
Region
West Easton
School District
Wilson
Sewer
Public Sewer
Subdivision
Not In Development
Utilities
Cable Available
Zoning
RS Residential Service

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Listing courtesy of IronValley RE of Lehigh Valley. Contact:

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