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1821 HAY TERRACE, Easton, PA, 18042
Twin Home with Central A/C

1821 HAY TERRACE Easton, PA 18042

For Sale
$269,000
Pending

SINGLE_FAMILY - EASTON, PA

Property Size1,641 SF
Days on Market21

Property Features for 1821 HAY TERRACE

General Information

Property type Residential
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Rooms Bedroom 2, Bedroom 1
Standard status Pending
Size 1,641 SF

Building Details

Year built 1900
Listing Agency: BHHS Fox & Roach Bethlehem
Listed By: Donna Frantz
Added: Jul 9 Changed: Jul 28 Last Checked: Jul 29 at 7:06AM
MLS# PANH2010274

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This beautifully maintained twin offers three bedrooms and two full bathrooms, with an open-concept living and dining layout filled with natural light. The home includes a galley-style kitchen with cabinet space and convenient first-floor laundry. Recent improvements include a new central air conditioning system and furnace installed in 2024, a remodeled bathroom completed in 2026, and new flooring throughout.

Situated in Wilson Borough, the property also features a low-maintenance backyard with premium turf and a sunshade. For added peace of mind, it conveys with a clear Certificate of Occupancy from Wilson Borough.

Key Highlights

  • 1900‑built twin home with 3 bedrooms and 2 full baths
  • Open‑concept living and dining areas filled with natural light
  • Galley‑style kitchen with cabinet space and efficient layout

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.7k $10.20
− Vacancy −$1.2k −$0.76
EGI $15.5k $9.44
− OpEx −$4.6k −$2.83
NOI $10.8k $6.61
1,641 SF · lease $10.20/SF/yr · vacancy 7.41% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$155.0K
$135.6K – $180.8K (±1% cap)
NOI $10,849 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$142.7K
$124.8K – $166.4K (±1% cap)
NOI $9,986 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$311.2K
$272.3K – $363.1K (±1% cap)
NOI $21,787 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Bakery Locksmith

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Move-in-ready 3-bedroom, 2-bath twin with first-floor laundry, open living areas, and recent HVAC updates.
Where is this duplex located?
The property is located at 1821 HAY TERRACE Easton, PA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 1900‑built twin home with 3 bedrooms and 2 full baths; Open‑concept living and dining areas filled with natural light; Galley‑style kitchen with cabinet space and efficient layout
More about this property
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