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Rare opportunity to acquire a 4,048 SF building with significant development potential and substantial groundwork already completed by an experienced general contractor/developer. Property Highlights: 4,048 square feet with flexible use options. Current: Office space. Potential: 5-8 residential units with ground-floor commercial, or single-family home. Architectural drawings for multi-unit conversion available. Two presentations completed before the Borough planning committee. Sewer EDU requests initiated and parking solutions designed. Final approvals are still pending. Value Proposition: After-repair value for the fully developed property significantly exceeds current asking price, representing exceptional upside for qualified investors or developers. Unique Advantage: Seller is a licensed general contractor willing to provide consultation and construction services, offering invaluable insight into completing approvals and construction efficiently. Why Available: Seller pursuing other large-scale project commitments. Ideal For: Experienced investors seeking value-add opportunities, Developers comfortable with entitlement processes, and Buyers wanting single-family conversion or multi-unit income property. All planning documentation, drawings, and approval correspondence available for review.
| DAYS ON MARKET | 255 | LAST UPDATED | 12/1/2025 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1900 |
| COMMUNITY | Bangor | COUNTY | Northampton |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to May 13, '25 | $475,000 |
|---|---|
| May 13, '25 - Dec 1, '25 | $425,000 |
| Dec 1, '25 - Today | $399,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Bangor |
| CONSTRUCTION | Brick |
| HEAT | Oil, Radiant |
| LOT | 5532 sq ft |
| LOT DIMENSIONS | 56.5 x 90.25 |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | Not in Development |
| TAXES | 5451.67 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Keller Williams Allentown
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