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Historic downtown building with endless possibilities located in Bangor Borough with easy access to Routes 191 and 512. This multi-unit property spans 11,096 square feet and features two 1050 sq ft 2-bedroom apartments, a 900 sq ft business space, and additional space of 4423 sq ft for a larger business, storage or future apartments and the 3673 square foot garage that comfortably fits up to 6 cars. Located in a prime downtown area for visibility, this historical building was once a livery stable and now offers gas hot water heat and public utilities. The barn requires replacement of some roof shingles. Don't miss this unique opportunity to own a piece of history and transform it into your dream business or investment property. Ideal for entrepreneurs looking for a versatile space with a rich past and unlimited potential. The current cap rate on this investment is 8.5%, indicating a strong return potential for investors.
| DAYS ON MARKET | 176 | LAST UPDATED | 11/19/2024 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1920 |
| COMMUNITY | Bangor | COUNTY | Northampton |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Bangor |
|---|
| PRICE HISTORY | |
| Prior to Nov 19, '24 | $485,000 |
|---|---|
| Nov 19, '24 - Today | $460,000 |
| ADDITIONAL DETAILS | |
| AREA | Bangor |
|---|---|
| CONSTRUCTION | Vinyl Siding |
| LOT | 6447 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| TAXES | 3478.51 |
| WATER | Public |
| ZONING | GB-GENERAL BUSINESS |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Acre and Estate Slate Belt
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