Three-Unit Apartment
New
For Sale
$439,000
332 Saint Joseph Street, Easton, PA 18042
Each apartment has its own entrance, utilities, and washer and dryer.
Property Size3,452 SF
Days on Market4
Property Features for 332 Saint Joseph Street
General Information
Standard status
Active
Size
3,452 SF
Property subtype
Apartment
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR, 1 x 1BR
Multifamily Units
3
Parking per Unit
1
Individually Metered Utilities
unspecified utilities
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,680
Amenities
private entrances
in-unit washer/dryer
private decks
shared backyard
Building Details
Building Size
3,452 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Morganelli Properties LLC
Listed By:
Ryan L. Romeo
(484) 280-8704
Source:
Bhhspaulfordrealtors
Added: Oct 25
Changed: Oct 27
Last Checked: Oct 27 at 4:08AM
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 Morganelli Properties LLC
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Investment Insights
Based on property information with market context.
This three-unit residential property contains two two-bedroom apartments and one one-bedroom apartment. Each unit has a private entrance, separate utilities, and its own washer and dryer. Private decks, a shared backyard, and off-street parking for each apartment round out the property’s features. The building dates to 1900.
All three apartments are occupied under month-to-month tenancies. The property is on a dead-end street in Easton, with access to Downtown Easton and Route 78.
All three apartments are occupied under month-to-month tenancies. The property is on a dead-end street in Easton, with access to Downtown Easton and Route 78.
Key Highlights
- Two two‑bedroom apartments and one one‑bedroom apartment
- Separate entrances and utilities for all three units
- Washer and dryer in each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,821
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,420
$456.4K
Cap Rate 7%
$326,014
$326.0K
Cap Rate 9%
$253,567
$253.6K
Market Conditions
NOI Build-Up for 3,452 SF
Gross rent
$35.2K $10.20/SF
− Vacancy
−$2.6K −$0.76/SF
EGI
$32.6K $9.44/SF
− OpEx
−$9.8K −$2.83/SF
NOI
$22.8K $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%
$456,420
Cap Rate 7%
$326,014
Cap Rate 9%
$253,567
Alternative Uses
Best Use
Multifamily LT 5
$326.0K
$285.3K – $380.4K
NOI $22,821 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$300.1K
$262.6K – $350.1K
NOI $21,006 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$654.7K
$572.9K – $763.9K
NOI $45,832 @ 7.0% cap · market cap 10.44%
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
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
792
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each apartment has its own entrance, utilities, and washer and dryer.
Where is this triplex located?
The property is located at 332 Saint Joseph Street Easton, PA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two two‑bedroom apartments and one one‑bedroom apartment; Separate entrances and utilities for all three units; Washer and dryer in each apartment
