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38 W Central Ave 5 Unit Apartment Building $575,000 ($115,000/Unit) 10.10% Cap Rate Bangor, PA 18013

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Executive Summary

Turnkey 5-Unit Investment Property in Bangor, PA Fully occupied and income-producing, this 5-unit multifamily in Bangor offers a solid investment opportunity. Tenants pay all their own utilities, keeping owner expenses low. Property features off-street parking and a convenient on-site coin-operated laundry for added income. A low-maintenance asset with strong rental appeal in a growing market.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $575,000
Price Per Unit $115,000
Sale Type Investment
Cap Rate 10.10%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.19 AC
Building Size 3,440 SF
Average Occupancy 40%
No. Stories 3
Year Built 1900
Zoning C / R

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
3+1 1 - -
2+1 1 - -
Studios 1 - -

Property Taxes

Property Taxes

Parcel Number
D10SW1C3-6A-0109
Land Assessment
$15,900
Improvements Assessment
$53,800
Total Assessment
$69,700
  • Listing ID: 39386256

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 38 W Central Ave, Bangor, PA 18013

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