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$625,000
Est. payment /mo
8 Beds
6 Baths
3,971 SqFt
UPDATED:
11/21/2024 12:43 AM
Key Details
Property Type Condo, Commercial
Sub Type Apartment Style,Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,971 sqft
Price per Sqft $157
Subdivision Not In Development
MLS Listing ID 748089
Bedrooms 8
Full Baths 6
Year Built 1900
Annual Tax Amount $6,706
Lot Size 4,760 Sqft
Property Description
**RARE OPPORTUNITY TO PURCHASE A MULTI-UNIT IN THE LEHIGH VALLEY!** Discover this well-maintained 6-unit multi-family property located in Bangor Boro, offering a noteworthy investmnt opportunity w/ 8.3% cap rate! Featuring a mix of units: 2 spacious 2 BR units, 2 comfortable 1 BR units, & 2 efficient studios. Each unit is thoughtfully designed w/ safety & convenience in mind. Every unit has 2 dedicated exit points, including access to a fire escape. Tenants pay their own electric & gas hot water heating, giving them control over their energy usage. This setup ensures privacy & independence while providing a safe & comfortable living envirnmnt. Recent upgrades include 2 newer gas furnaces & updated elec. systems, ensuring reliable & efficient utilities. 2 units have been completely renovated. The newer roof adds peace of mind for years to come. Several units have been enhanced w/ new flooring, while 1 unit boasts granite countertops. Occupied units have long-term tenants. This property also features newer sidewalk & appliances, along w/ a covered front porch, & 4 security cameras. Residents appreciate the convenience of a 3rd flr coin-operated laundry, generating add’l income for the owner. W/ a 12-car private parking lot (2 parking spots/unit), parking will never be a concern! Situated in a vibrant community, this multi-family home is close to local amenities, schools, & parks. Don’t miss out on this exceptional opportunity to expand your real estate portfolio in Bangor!
Location
State PA
County Northampton
Area Bangor
Interior
Cooling No Air
Exterior
Garage Spaces 12.0
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Bangor
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Listed by Keller Williams Allentown