2269 Pennsylvania AVE, Lower Mt Bethel Twp, PA 18013
2269 Pennsylvania AVE, Lower Mt Bethel Twp, PA 18013
2269 Pennsylvania AVE, Lower Mt Bethel Twp, PA 18013
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$699,000
Est. payment /mo
7 Beds
4 Baths
3,503 SqFt
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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 3,503 sqft

Price per Sqft $199

Subdivision Not In Development

MLS Listing ID 774015

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,455

Lot Size 7,318 Sqft

Acres 0.168

Property Sub-Type Apartment

Property Description

This newly renovated four-unit investment property offers a rare combination of immediate cash flow and long-term operational efficiency. Positioned for full stabilization with a projected gross income of $94,740 and a net operating income of $82,357, the asset features a versatile unit mix consisting of one expansive four-bedroom residence and three oversized one-bedroom units. Beyond the primary bedrooms, each layout includes flexible bonus rooms ideal for home offices or additional storage, catering to the modern tenant's demand for versatile living space. To further bolster the bottom line, the property includes two separate storage compartments designed for additional ancillary income. These storage compartments could bring in an additional $300/Mo.

The building has undergone an extensive interior transformation, significantly mitigating future capital expenditures. Modern aesthetics meet functional durability with new laminate flooring, updated lighting, and designer kitchens featuring butcher block countertops, stainless steel appliances, and custom tile backsplashes. Significant infrastructure upgrades, including a new well installed in 2025, ensure systemic reliability for years to come. With open-concept floor plans, walk-in closets, and in-unit laundry hookups in select units, the property is purpose-built to command premium market rents and attract a high-quality tenant base.

Strategic flexibility is a hallmark of this offering, as one unit has been intentionally left vacant to accommodate an owner-occupant buyer or a final market-rate lease-up. The property's utility structure is designed for simplicity; with heating provided via a modern mini-split system and efficient electric baseboards, landlord expenses are streamlined to cover only taxes, insurance, and trash. This turnkey asset represents a premier opportunity for investors seeking a high-yield, low-maintenance addition to their portfolio with substantial income upside and minimal move-in requirements.

Location

State PA

County Northampton

Area Lower Mt. Bethel

Direction From Route 33, take the exit for PA-512 toward Bangor and follow signs north toward town. Turn onto Pennsylvania Ave, 2269 Pennsylvania Ave will be on your right heading into Bangor.

Interior

Heating Baseboard, Electric

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Detached, Garage, Off Street, Parking Pad, On Street

Water Access Desc Well

Total Parking Spaces 7

Garage Yes

Building

Story 2

Sewer Septic Tank

Water Well

Schools

School District Easton

Others

Senior Community No

Tax ID H10NW2-6-13-0317

Special Listing Condition None


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Listed by EXP Realty LLC

Nearby Locations

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Office No. 873 325-41 Chestnut St, Ste 800, Philadelphia, PA, 19106
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