235 Market Street Active

Bangor Borough,PA 18013

$ 625000

8 Beds

6 Baths

3971 SqFt


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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