TURN-KEY 2-Unit investment property offering a +10% CAP RATE just hit the market! This money maker is offering both sides of a twin that comes fully occupied, yielding an immediate return on your investment. Each unit has beautiful hardwood floors, separate entrances though the covered front porch and back patio with a small shared yard. Unit 244 offers 2 beds, walk-in closet, family and living room and a mudroom/washer and dryer off the kitchen. This unit also comes with a 2 car detached garage with power. Unit 242 features 3 beds, 1 bath, kitchen, living room and dining room and a bonus 3rd floor room (finished) which could be another office, bedroom, etc. Windows are less than 10 years old, furnaces have been recently serviced, updated electric and the property has been well maintained
Off market
$279,100
242-244 S 1st St, Bangor, PA 18013
6beds
2baths
2,486sqft
MultiFamily
Built in 1920
-- sqft lot
$279,100 Zestimate®
$112/sqft
$1,273 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Oil
Cooling
- Central, Wall
Appliances
- Laundry: Wash/Dry Hook Up
Interior area
- Total interior livable area: 2,486 sqft
Property
Parking
- Total spaces: 2
Lot
- Size: 2,613 sqft
Details
- Parcel number: E9NE2D1980102
- Zoning: R-7.8
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Bangor
HOA & financial
Other financial information
- Total actual rent: 2550
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- RoadSurfaceType: Paved
- Heating: Oil, Radiator
- HeatingYN: true
- CoolingYN: true
- Roof: Flat, Pitched
- RoomsTotal: 16
- CurrentFinancing: Conventional, Cash
- NumberOfBuildings: 1
- ParkingFeatures: Garage
- SecurityFeatures: Smoke Detector(s)
- Zoning: R-7.8
- RoadResponsibility: Public Maintained Road
- TotalActualRent: 2550
- GrossIncome: 30600.00
- NumberOfUnitsTotal: 2.00
- TrashExpense: 720.00
- NetOperatingIncome: 17350.00
- LaundryFeatures: Wash/Dry Hook Up
- RoomKitchenFeatures: SemiMod
- RoomBathroomFeatures: SemiMod
- InsuranceExpense: 1750.00
- WaterSewerExpense: 2120.00
- Cooling: Ceilfan, Wal/WinAC
- MlsStatus: Active
- NewTaxesExpense: 5782.33
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$279,100
2% more+$5,582
With Zillow Showcase(estimated)$284,682