22 1st Street

Introducing a prime investment opportunity in downtown Bangor, Pennsylvania! This 5 unit property is located close to a bus stop, coffee shop, restaurants, post office and many other specialty shops making it a highly sought-after rental destination. Building 1 boasts 2 units - unit 1 features 4 bedrooms ( 2 are primary en suites), 5 bathrooms, a dining room with fireplace, LR with beautiful custom moldings and fireplace, kitchen, mudroom, finished basement with bar & fireplace along with laundry room and 1/2 bath and covered back porch. This unit would make a perfect home while renting out the other 4 units-live mortgage free! The 2nd unit includes three bedrooms, two full bathrooms, a living room, kitchen and office. Additionally there are 2 other buildings. Building 2 offers a 2-car garage and a second-floor apartment with two bedrooms, one full bathroom, kitchen, dining room, living room, and a large attic space perfect for expansion. Building 3 features two apartments, each with two bedrooms, one full bath, kitchen, living room, and dining room. All units have been updated with most windows replaced. Tenants cover their electric and heating expenses, while the owner pays for water, sewer, and garbage. With four parking spaces included - two in the garage and two rented across the street and ample rentable spots downtown, this property presents a lucrative investment opportunity in a highly desirable and walkable downtown area! 9.45% Cap Rate!