364 S 1st St, Bangor, PA 18013

$519,000
4
BD
4
BA
3,668
SqFt

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List Price
$519,000
MLS#
782061
Status
COMING SOON
Type
Multifamily
City
Bangor
Area
Bangor
County
Northampton
Bedrooms
4
Bathrooms
4
Living Area
3,668
Lot Size
7,930
Year Built
1920

Property Description

Discover an exceptional investment opportunity in the heart of downtown Bangor, promising immediate profitability and a seamlessly managed portfolio. This meticulously maintained four-unit property is fully leased with high rents and features great tenants, ensuring a consistent income stream from day one. The owner's relocation presents a rare chance for an astute investor to acquire a turn-key asset within the vibrant Lehigh Valley/Slate-Belt community. Each unit has been diligently cared for, reflecting pride of ownership and minimizing future maintenance concerns. Every unit offers a comfortable one-bedroom, one-bath layout, and convenient in-unit washer/dryers, enhancing tenant satisfaction. Three of the units boast private decks, while Unit 4 enjoys a covered outdoor space, as well as two entrances! A serene wooded area borders the rear of the property, offering a tranquil backdrop. This truly turnkey property benefits from reliable tenants and allows for easy walks to the charming downtown area. Tenants responsibly cover their own electric and heat expenses, while the landlord manages water, sewer, and trash services. Abundant on-street parking is readily available for residents and their guests. This property provides a solid foundation for long-term financial growth, combining reliable tenancy with a prime location in an area in between the Lehigh Valley and the Poconos. Seize this unique opportunity to step into a profitable venture and confidently expand an investment portfolio.

Additional Information

Property Taxes
$4,507
Acres
0.18
Cooling
Window/Wall
Living Area
3,668
Lot Size
7,930
Parking Spaces
4
Region
Bangor
School District
Bangor
Sewer
Public Sewer
Stories
2
Subdivision
Not In Development
Utilities
Cable Available
Zoning
02R78

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Listing courtesy of IronValley RE of Lehigh Valley. Contact:

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