Welcome to 905 Palmer St in West Easton. This detached property offers two large updated apartments and six individual garages, all with the potential to provide fantastic cash flow. The owner currently occupies the first-floor apartment and will entertain the option of a short-term lease, but not required. This apartment is currently used as a one-bedroom apartment with a main entrance from the parking area into the dining room, which also has a second access to the side porch overlooking the south lawn, a nice galley kitchen, a large living room, and a large front bedroom. This apartment has access to the washer and dryer, which remain with the building. This apartment is perfect for another owner-occupant. The second and third-floor apartment has a large open-concept living room, eat-in kitchen, three bedrooms, and one bathroom. This long-term tenant has a below-market rent, which may be increased at lease expiration. The six-car detached garage is a bonus, which adds excellent potential cash flow with little overhead. The Laurel Hills Townhomes are in the process of being fully developed and are providing a significant boost to the values of the neighboring properties. The rents are projected. 3D models are attached to the listing, so please view them before scheduling an appointment with the tenants. Apartment square footage is estimated based on a sketch of public records. Tenants pay all utilities - great potential from a beautiful building in a great area.

Listing courtesy of GLVR / Realty One Group Supreme

Last checked: Checking… • Last updated Nov 19, 2024 • Source: GLVR

MLS# 743551 — Report a problem