Building Details

Building Size 4,401 SF

Year Built 1900

Listing Agency: Realty One Group Supreme

Listed By: Claudio T. Tiburcio Show Phone

Source: Bhhspaulfordrealtors

Added: Jul 26 Changed: Oct 31 Last Checked: Nov 3 at 11:49AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Supreme

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This triplex includes two apartments and a studio, with renovated interiors and contemporary finishes throughout. Two of the three residences are occupied, while the studio can support an additional tenancy or owner use. The property also includes five attached garage spaces that are leased independently from the residential units, creating a separate parking or storage component.

Located in downtown Easton, the property is within walking distance of restaurants, shops, the Simon Silk Mill area, and waterfront access along the Delaware and Lehigh Rivers. Its residential layout, renovated condition, and separate garage leasing provide a mix of housing and ancillary income uses.

Key Highlights

• Triplex configuration with two apartments and one studio
• Renovated interiors with modern finishes
• Two of three residential units currently occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,095

Cap Rate

6.13%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$581,900 $581.9K

Cap Rate 7%

$415,643 $415.6K

Cap Rate 9%

$323,278 $323.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,401 SF

Gross rent

$44.9K $10.20/SF

− Vacancy

−$3.3K −$0.76/SF

EGI

$41.6K $9.44/SF

− OpEx

−$12.5K −$2.83/SF

NOI

$29.1K $6.61/SF

Area

Northampton County, PA

Vacancy

7.41%

Lease Rate

$10.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$581,900

Cap Rate 7%

$415,643

Cap Rate 9%

$323,278

Alternative Uses

Best Use

Multifamily LT 5

$415.6K

$363.7K – $484.9K (±1% cap)

NOI $29,095 @ 7.0% cap · market cap 6.13%

Second Best

Apartment 5plus

$382.6K

$334.8K – $446.4K (±1% cap)

NOI $26,781 @ 7.0% cap · market cap 5.64%

Theoretical Best

Office A

$834.7K

$730.4K – $973.9K (±1% cap)

NOI $58,431 @ 7.0% cap · market cap 12.30%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Building Supply Auto Parts Store Storage Facility Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Residential units

Location Intelligence

Trade Area within ½ mile

1,655

Businesses Nearby

Explore this area Business Placement

Demographics for 18042, PA

44,026

Population

17,932

Households

2.5

Avg Household Size

36

Median Age

27%

College-Educated

89%

High-School Grad

22.1 sq mi

ZIP Area

1,992

Density / Sq Mi

$75,806

Median Household Income

$40,015

Median Earnings

$1,245

Median Rent

$205,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

Three-Unit Victorian Triplex

332 Clinton Terrace, Easton, PA 18042

$619,000

4,831 SF

View details

Three-Unit Apartment Building

332 Saint Joseph Street, Easton, PA 18042

$439,000

View details

Renovated Mixed-Use Property

1101 Lehigh Street, Easton, PA 18042

$849,900

View details

Detached Six-Space Garage Property

1019 Spruce Street, Easton, PA 18042

$215,000

2,100 SF

View details

Mixed-Use Downtown Income Building

425 Northampton St, Easton, PA 18042

$1,450,000

8,382 SF

View details

Mixed-Use Arts and Office Building

230 Ferry St, Easton, PA 18042

$3,470,000

32,434 SF

View details

3-Unit Property with Separate Meters

1113 Ferry Street, Easton, PA 18042

$455,000

View details

Two-Site Self-Storage Portfolio

1340 Tatamy Road, Easton, PA 18045

$6,600,000

6.63 Acres

View details

Self-Storage Facility Portfolio

3361 Fox Hill Road, Easton, PA 18045

$6,600,000

6.63 Acres

View details

Mixed-Use Property with Dental Office

Easton, PA 18042

$459,900

4,477 SF

View details

Victorian Office Building

1800 Washington Boulevard, Easton, PA 18042

$510,000

3,910 SF

View details

Mixed-Use Building with Parking

42 N 3rd Street, Easton, PA 18042

$617,000

4,189 SF

View details

Frequently Asked Questions

What type of property is this?

Triplex - Renovated residential income property with separately leased attached garages and downtown access.

Where is this triplex located?

The property is located at 155 Bushkill Drive Easton, PA.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Triplex configuration with two apartments and one studio; Renovated interiors with modern finishes; Two of three residential units currently occupied