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412 Pennsylvania Avenue, Bangor, PA, 18013
Brick Residential Income Corner Property

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
Listed By: Terry L. Teel
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.

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 (±1% cap)
NOI $21,532 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$283.1K
$247.7K – $330.3K (±1% cap)
NOI $19,819 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$617.8K
$540.5K – $720.7K (±1% cap)
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

Quadplexes

Suggested Use

Top Pick Law Firm Building Supply Restaurant Plumbing Service (Bike/Boat/Book/etc) Store Bakery

Zoning and permitted uses should be independently verified with authorities.

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
More about this property
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