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USAPABangorNot in Development2269 Pennsylvania Ave
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2269 Pennsylvania Ave, Bangor, PA

Condo

Pending

Listed price in listed location currency (USD).
$699,000

747

MLS® 774015

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 3503 sqft
Garage Yes
Maintenance Fees 
Taxes $4,455
Approx. Age 1900
Avg. Price Per Sqft $199
MLS® Number 774015

Property Address: 2269 Pennsylvania Ave, Bangor, PA, 18013-4162

Average square foot calculated using Size range provided by listing agent.

Description

This newly renovated four-unit investment property offers a rare combination of immediate cash flow and long-term operational efficiency. Positioned for full stabilization with a projected gross income of $94, 740 and a net operating income of $82, 357, the asset features a versatile unit mix consisting of one expansive four-bedroom residence and three oversized one-bedroom units. Beyond the primary bedrooms, each layout includes flexible bonus rooms ideal for home offices or additional storage, catering to the modern tenant's demand for versatile living space. To further bolster the bottom line, the property includes two separate storage compartments designed for additional ancillary income. These storage compartments could bring in an additional $300/Mo. The building has undergone an extensive interior transformation, significantly mitigating future capital expenditures. Modern aesthetics meet functional durability with new laminate flooring, updated lighting, and designer kitchens featuring butcher block countertops, stainless steel appliances, and custom tile backsplashes. Significant infrastructure upgrades, including a new well installed in 2025, ensure systemic reliability for years to come. With open-concept floor plans, walk-in closets, and in-unit laundry hookups in select units, the property is purpose-built to command premium market rents and attract a high-quality tenant base. Strategic flexibility is a hallmark of this offering, as one unit has been intentionally left vacant to accommodate an owner-occupant buyer or a final market-rate lease-up. The property’s utility structure is designed for simplicity; with heating provided via a modern mini-split system and efficient electric baseboards, landlord expenses are streamlined to cover only taxes, insurance, and trash. This turnkey asset represents a premier opportunity for investors seeking a high-yield, low-maintenance addition to their portfolio with substantial income upside and minimal move-in requirements.
MLS® Number774015
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1900
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Mar 31, 2026List Date
$699,000List Price
  • Commute

Commute

Starting Address
Destination Address
2269 Pennsylvania Ave, Bangor, PA

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