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Multifamily Property with Garages
For Sale
$497,000

905 Palmer St, Easton, PA 18042

Two residential units include separate laundry and covered porch areas, with six garage bays and additional parking.

Property Size1,862 SF
Price / SF$266.92
Days on Market14

Property Features for 905 Palmer St

General Information

Standard status Active
Size 1,862 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,194

Amenities

covered side porch
covered front porch
basement storage
garage storage
Listing Agency: IronValley RE of Lehigh Valley
Listed By: John C. Walton
Source: Exprealty
Added: Oct 10 Changed: Oct 21 Last Checked: Oct 23 at 12:05PM

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 IronValley RE of Lehigh Valley

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Investment Insights

Based on property information with market context.

This Easton multifamily property includes a two-unit residential building and six garage bays. The apartments offer a one-bedroom, one-bath layout and a three-bedroom, one-bath layout; each has laundry. Covered porches serve both units. The property measures 1,862 SF, and the exterior has a new roof. A clear CO is included in the sale.

The garage configuration consists of two double bays and two single bays. A large parking area accommodates an additional four to five vehicles. Basement and garage areas provide storage. Tenants pay their own heat/gas and electric, while the landlord pays water, sewer, and trash. Two water meters are on site. The property is in West Easton Borough and the Wilson School District.

Key Highlights

  • Two residential units: one 1‑bedroom/1‑bath and one 3‑bedroom/1‑bath
  • Six garage bays: two double bays and two single bays
  • 1,862 SF property with basement and garage storage

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,156
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two residential units include separate laundry and covered porch areas, with six garage bays and additional parking.
Where is this multifamily property located?
The property is located at 905 Palmer St Easton, PA.
What is the asking price?
The asking price for this property is $497,000.
What are key features of this property?
This property features: Two residential units: one 1‑bedroom/1‑bath and one 3‑bedroom/1‑bath; Six garage bays: two double bays and two single bays; 1,862 SF property with basement and garage storage
More about this property
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