Brick Residential Income Corner
412 Pennsylvania Avenue Bangor, PA 18013
For Sale
$495,000
MULTI_FAMILY - Roseto Boro, PA
Property Size3,257 SF
Lot Size0.43 Acres
Price / SF$151.98
Days on Market196
Property Features for 412 Pennsylvania Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bathroom 1
Parking
4
Parking features
Garage, Driveway
Interior features
Balcony
Standard status
Active
APN
D9SE1A 18 1 0128
Size
3,257 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Annual Amount
4677
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
4
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
Teel Realty
(570) 897-7325
Listed By:
Terry L. Teel
(570) 897-7325
Added: Jan 15
Changed: Jul 28
Last Checked: Jul 30 at 3:06AM
MLS# 770603
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A brick multi-unit residence in Roseto featuring three legal units with updated interiors. The building includes one spacious two-bedroom unit and two one-bedroom units, and each unit has its own private bath. The property is set up for flexible occupancy, whether you choose to live in one unit and lease the others or rent all three units.
The home sits on a corner lot and includes gas heat, with public water and sewer services. Parking is supported by three garage spaces, including two detached garages and one attached garage, providing practical off-street options for residents.
With a configuration designed for separate households, the layout can appeal to tenants seeking privacy and straightforward unit separation. Borough approval may be available to add two additional bedrooms to Unit 1, offering a path to reconfigure the two-bedroom space if desired. The location is described as convenient to local shopping, reputable schools, and major roadways, supporting day-to-day access for residents.
The home sits on a corner lot and includes gas heat, with public water and sewer services. Parking is supported by three garage spaces, including two detached garages and one attached garage, providing practical off-street options for residents.
With a configuration designed for separate households, the layout can appeal to tenants seeking privacy and straightforward unit separation. Borough approval may be available to add two additional bedrooms to Unit 1, offering a path to reconfigure the two-bedroom space if desired. The location is described as convenient to local shopping, reputable schools, and major roadways, supporting day-to-day access for residents.
Key Highlights
- Brick residence with 3 legal units and 3,257 SF on a corner lot
- Unit mix: one 2‑bedroom unit and two 1‑bedroom units, each with a private bath
- Renovated units and balcony; hardwood flooring throughout
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.2k | $10.20 |
| − Vacancy | −$2.5k | −$0.76 |
| EGI | $30.8k | $9.44 |
| − OpEx | −$9.2k | −$2.83 |
| NOI | $21.5k | $6.61 |
3,257 SF · lease $10.20/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$307.6K
$269.2K – $358.9K
NOI $21,532 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$283.1K
$247.7K – $330.3K
NOI $19,819 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$617.8K
$540.5K – $720.7K
NOI $43,243 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Renovated three-unit brick residence on a corner lot with private baths and three garage spaces.
Where is this quadplex located?
The property is located at 412 Pennsylvania Avenue Bangor, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Brick residence with 3 legal units and 3,257 SF on a corner lot; Unit mix: one 2‑bedroom unit and two 1‑bedroom units, each with a private bath; Renovated units and balcony; hardwood flooring throughout