Courtesy: Acre and Estate Slate Belt
Historic downtown building with endless possibilities located in Bangor Borough with easy access to Routes 191 and 512. Live in one of the apartments and rent the other for passive income. 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.
747756
Apartment, Other, 3+ Story
4
Northampton
1 Full
1920
0.148
Acres
Public Water
3
Vinyl Siding
Public Sewer
11,096
Sq. Ft.
10
Not in Development
School Information
Bangor
Bathrooms
1
Total:1
Interior Features
- Flooring
- Hardwood, Vinyl, Carpet
- Heating
- Gas Heat, Electric Heating. Baseboard, Hot Water.
- Additional Interior Features
- Eat-in Kitchen
Exterior / Lot Features
- Parking
- 6 Parking Spaces.
- Exterior
- Vinyl
- Zoning
- GB-GENERAL BUSINESS
Financial Considerations
Fee Simple
$3,479
Arrows indicate 90 day trend
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