$380,000
$400,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,862 SqFt
SOLD DATE : 10/24/2024
Key Details
Sold Price $380,000
Property Type Other Types
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,862 sqft
Price per Sqft $204
Subdivision Not In Development
MLS Listing ID 743551
Sold Date 10/24/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,090
Lot Size 10,062 Sqft
Acres 0.231
Lot Dimensions 46x141x104x153
Property Sub-Type Detached
Property Description
Welcome to 905 Palmer St in West Easton. This detached property offers two large updated apartments and six individual garages, all with the potential to provide fantastic cash flow. The owner currently occupies the first-floor apartment and will entertain the option of a short-term lease, but not required. This apartment is currently used as a one-bedroom apartment with a main entrance from the parking area into the dining room, which also has a second access to the side porch overlooking the south lawn, a nice galley kitchen, a large living room, and a large front bedroom. This apartment has access to the washer and dryer, which remain with the building. This apartment is perfect for another owner-occupant. The second and third-floor apartment has a large open-concept living room, eat-in kitchen, three bedrooms, and one bathroom. This long-term tenant has a below-market rent, which may be increased at lease expiration. The six-car detached garage is a bonus, which adds excellent potential cash flow with little overhead. The Laurel Hills Townhomes are in the process of being fully developed and are providing a significant boost to the values of the neighboring properties. The rents are projected. 3D models are attached to the listing, so please view them before scheduling an appointment with the tenants. Apartment square footage is estimated based on a sketch of public records. Tenants pay all utilities - great potential from a beautiful building in a great area.
Location
State PA
County Northampton
Area West Easton
Direction Rt 22 to South on 25th St to Left on Butler St to traffic light at 18th & Butler, bear right on Palmer St to property on the left
Interior
Heating Forced Air, Gas
Cooling Ceiling Fan(s), None
Flooring Carpet
Fireplace No
Laundry Washer Hookup
Exterior
Parking Features Driveway, Detached, Garage, Off Street, Parking Garage, On Street
Utilities Available Cable Available
Water Access Desc Public
Total Parking Spaces 10
Garage Yes
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Wilson
Others
Senior Community No
Tax ID L9SW3A 21 3 0835
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition None
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