40 Market Street, Bangor, PA 18013
$445,000
Property Type:
Residential Income
Square Footage:
6,400
Lot Size (sq. ft.):
3,920
Status:
Closed
Current Price:
$445,000
List Date:
12/14/2023
Last Modified:
3/03/2025
Overview
Description
Listing Details MLS# PM-111572
General Property Information
- Building Area Total
- 6400
- Building Area Source
- Public Records
- Stories
- 3
- Number Of Buildings
- Yes
- Year Built
- 1900
- Basement YN
- Yes
- Parking Total
- 3
- Lot Size Acres
- 0.09
- List Price/SqFt
- 78.13
- Sold Price/SqFt
- 69.53
Property Features
Listing Terms:
Cash; Conventional
Electric:
200+ Amp Service
Cooling:
None
Heating:
Natural Gas
Appliances:
Water Heater
Water Source:
Public
Sewer:
Public Sewer
Parking Features:
Paved
Road Surface Type:
Paved
Contract Information
- Property Sub Type
- Multi Family
- Listing Contract Date
- 2023-12-14
- Listing Service
- Full Service
Location Tax and Legal
- County
- Northampton
- Street Number
- 40
- Street Name
- Market
- Street Suffix
- Street
- City (Post Office)
- Bangor
- State
- PA
- Postal Code
- 18013
Remarks and Miscellaneous
- Public Historical Remarks
- Type: Built as Apartment, Kitchens: Modern, Bathrooms: Modern, Unit 5 Floor #: 1, Unit 4 Floor #: 2, Unit 3 Floor #: 1, Unit 2 Floor #: 2, Unit 1 Floor #: 2, Miscellaneous: Zoning Code GB, Miscellaneous: Cert of Occ Req'd Yes. Unit 1 Floor #: 2. Unit 2 Floor #: 2. Unit 3 Floor #: 1. Unit 4 Floor #: 2. Unit 5 Floor #: 1
- Public Remarks
- MULTIPLE OFFER RECEIVED. HIGHEST AND BEST BY FRIDAY 1/5 AT NOON.Beautiful 5 unit apartment building with retail store front on first fl. All apartments and store front have been renovated and are in excellent condition. Newer roofs, windows. Separate meters for tenants include water, electric and gas. Rents could be raised for additional income. Owner currently lives in first fl apartment and operated store front. Store front is currently one unit but could easily be converted back to 2 units for additional rental income. Perfect situation to operate your business and live in. First floor apartment is large an beautiful. Listing included additional lot in rear for parking (E9NE2D 6 6. Call listing agent for more details
Status Change Information
- Purchase Contract Date
- 2024-01-06
- Close Date
- 2024-01-29
- Close Price
- 445000
More Information
Income and Expenses
- Gross Income
- 52020
- Net Operating Income
- 37574
- Insurance Expense
- 8405
- New Taxes Expense
- 4006.67
- Electric Expense
- 600
- Fuel Expense
- 1200
Unit 1
- Unit #
- Yes
- Occupied YN
- Y
- Actual Rent
- 800
- SqFt Total
- 950
- Rooms Total
- 4
- Unit Remarks
- Appliances: range
Unit 2
- Unit #
- 2
- Occupied YN
- N
- Actual Rent
- 1000
- SqFt Total
- 1300
- Rooms Total
- 7
- Unit Remarks
- Appliances: range
Unit 3
- Unit #
- 3
- Occupied YN
- N
- Actual Rent
- 1300
- SqFt Total
- 1350
- Rooms Total
- 7
- Unit Remarks
- Appliances: range fridge
Unit 4
- Occupied YN
- Y
- Actual Rent
- 1235
- SqFt Total
- 1400
- Rooms Total
- 6
- Unit Remarks
- Appliances: range
Unit 5
- Occupied YN
- N
- SqFt Total
- 1600
- Rooms Total
- 3
- Unit Remarks
- Appliances: 0
Unit Details
- 1 Bedroom
- Yes
- 2 Bedroom
- 2
- 3 Bedroom
- Yes
Location, Tax, and Legal
- Parcel Number
- E9NE2D-6-5-0102
- Municipality
- Bangor Borough
- High School District
- Bangor Area
- Cnty&Muni Taxes (Legacy)
- 1357.46
- School Tax Amount
- 2649.21
- Tax Annual Amount
- 4006.67
- Tax Assessed Value
- 46600
- Tax Book Number
- 2005-1/474976
- Zoning Description
- Commercial
Currently Not Used
- Number Of Units Total
- 5
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Electric
- 200+ Amp Service
- Yes
Cooling
- None
- Yes
Heating
- Natural Gas
- Yes
Water Heater
- Electric
- Yes
Appliances
- Water Heater
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Parking Features
- Paved
- Yes
Road Surface Type
- Paved
- Yes
Listing Office:
Realty Solutions of PA
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.