133 Cattell Street, Easton, PA 18042
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
133 Cattell Street,Easton, PA 18042
$1,295,000
- - Beds
- - Baths
- 4,154 sq. ft.
- Multi-family
- Active
Listed by: carrie wilson, heather kidd
Office: howard hanna thefrederickgroup
MLS#:774555
Source:PA_LVAR
Price summary
- Price:$1,295,000
- Price per sq. ft.:$311.75
About this home
Great investment opportunity in Easton's highly sought-after College Hill neighborhood, just 1/2 block from Lafayette College. This well-maintained multifamily property consists of seven residential units and additional income-producing garage and parking rentals, offering immediate income with upside potential and long-term investment stability. The property will be conveyed with a clear City of Easton Certificate of Occupancy, providing added confidence and value for the next owner. Also well-suited for 1031 exchange buyers offering a quick settlement.?
The property features two studio apartments, four one-bedroom apartments, and one spacious pass-through two-bedroom apartment, along with a detached 572-square-foot garage building containing three separate garage bays and additional off-street parking spaces directly in front of the garage. All apartments are separately metered for electric and heat. Four of the seven apartments have been renovated within the past three years, and the property has benefited from numerous capital improvements reflecting ongoing ownership investment and contribute to the property's overall condition and long-term operational stability.
The property currently generates an annualized rent roll of approx. $107k at full occupancy while maintaining remarkably low operating expenses of approximately $23k per year. Six of the seven apartments are currently occupied, with one recently vacated unit intentionally left available for a new owner.
College Hill remains one of Easton's most desirable rental markets, supported by proximity to Lafayette College, downtown Easton, major employers, and regional transportation routes. The combination of a strong residential unit mix, ancillary garage and parking income, low expense ratio, recent improvements, and a clear Certificate of Occupancy creates an attractive opportunity for investors seeking stable income with future upside potential....
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Home facts
- Year built:1900
- Listing ID #:774555
- Added:64 day(s) ago
- Updated:June 17, 2026 at 06:42 PM
Rooms and interior
- Living area:4,154 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Wall Units, Wall Window Units
- Heating:Baseboard, Electric
Structure and exterior
- Year built:1900
- Building area:4,154 sq. ft.
- Lot area:0.08 Acres
- Construction Materials:Frame, Vinyl Siding
- Levels:3 or More Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$311.75
- Tax amount:$8,821
Parking
- Total parking spaces:3
- Parking description:Garage, Off Street, On Street
- Garage:Yes
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