USAPABangorNot in Development2269 Pennsylvania Ave
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$699,000

For Sale

7 hours ago

2269 Pennsylvania Ave, Bangor, PA

Condo

MLS® 774015

15 Bed

4 Bath

3503 sqft

7 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 3503 sqft
Garage Yes
HOA Fees 
Taxes $4,455
Days Active 0
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

Newly renovated four-unit investment property projected to generate $94, 740 in gross income and $82, 357 in net income at full stabilization. The asset features a high-income unit mix of one 5-bedroom unit, one 4-bedroom unit, and two 3-bedroom units, offering oversized layouts that support strong rent ceilings and a broad tenant base. The property has undergone extensive interior renovations, significantly reducing near-term capital expenditures. Upgrades include New Well installed in 2025, new laminate flooring throughout, modernized kitchens with stainless steel appliances, butcher block countertops, and tile backsplashes, along with updated lighting and finishes across all units. Additional features include open-concept layouts, large bedrooms, walk-in closets, flexible bonus spaces, two separate storage compartments for additional income, and in-unit laundry hookups in select units, all enhancing tenant appeal and lease-up potential. One unit is intentionally being left vacant for an owner-occupant buyer, while the remaining units are ready for lease-up, providing an immediate opportunity to stabilize and achieve market rents. The 3–5 bedroom layouts positions the property for premium rents and strong demand. Operational efficiency is supported by a mini-split system in one unit and electric baseboard heating in the others, along with a simplified expense structure where landlord responsibilities are limited to taxes, insurance, and trash. With modern finishes, large unit sizes, and strong rent potential, this property presents a compelling opportunity for investors or owner-occupants seeking a turnkey, high-yield asset with minimal upfront CapEx and significant income upside.
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
Not Sold YetSold Price

For Sale

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

Commute

Starting Address
Destination Address
2269 Pennsylvania Ave, Bangor, PA

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