28 S Main St Bangor, PA 18013
Estimated payment $6,479/month
About This Home
This well-maintained 6-unit mixed-use property features four residential apartments, each offering 3 bedrooms and 1 bathroom, along with two commercial units, each approximately 1,000 sq. ft.
The building is fully cash-flowing and separately metered, providing ease of management and long-term stability for any investor. With low taxes and strong rental income, this property offers investors a solid opportunity in the Bangor market.
Located on South Main Street, the property benefits from a prime downtown location with consistent foot traffic and visibility for the commercial tenants. Bangor itself is a growing community within the Lehigh Valley, offering small-town charm, convenient access to major highways, and close proximity to the Poconos, New Jersey, and New York City—making it attractive to both residents and businesses.
This is a turnkey opportunity for investors looking to add a high-performing asset to their portfolio.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,818
Year Built
- Built in 1907
Home Design
- 9,221 Sq Ft Home
- Brick or Stone Mason
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Heating Available
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $565
- Fuel Expense $3,497
- Insurance Expense $7,200
- Maintenance Expense $600
- Professional Management Expense $600
- Water Sewer Expense $1,284
- Operating Expense $25,433
- Gross Income $106,200
- Net Operating Income $80,767
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $719 | $66,600 | $8,900 | $57,700 |
| 2024 | $5,763 | $66,600 | $8,900 | $57,700 |
| 2023 | $5,694 | $66,600 | $8,900 | $57,700 |
| 2022 | $5,676 | $66,600 | $8,900 | $57,700 |
| 2021 | $5,725 | $66,600 | $8,900 | $57,700 |
| 2020 | $15,945 | $66,600 | $8,900 | $57,700 |
| 2019 | $5,556 | $66,600 | $8,900 | $57,700 |
| 2018 | $5,498 | $66,600 | $8,900 | $57,700 |
| 2017 | $5,429 | $66,600 | $8,900 | $57,700 |
| 2016 | -- | $66,600 | $8,900 | $57,700 |
| 2015 | -- | $66,600 | $8,900 | $57,700 |
| 2014 | -- | $66,600 | $8,900 | $57,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $1,100,000 | 0.0% | $119 / Sq Ft |
| 08/25/2020 08/25/20 | Rented | $1,100 | 0.0% | -- |
| 08/25/2020 08/25/20 | Under Contract | -- | -- | -- |
| 08/25/2020 08/25/20 | Rented | $1,100 | -8.3% | -- |
| 05/23/2020 05/23/20 | Price Changed | $1,200 | +9.1% | $2 / Sq Ft |
| 05/04/2020 05/04/20 | For Rent | $1,100 | 0.0% | -- |
| 03/13/2020 03/13/20 | For Rent | $1,100 | 0.0% | -- |
| 08/30/2018 08/30/18 | Sold | $160,100 | +0.1% | $19 / Sq Ft |
| 08/07/2018 08/07/18 | Pending | -- | -- | -- |
| 03/30/2018 03/30/18 | For Sale | $159,900 | -- | $19 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $160,100 | Mount Bethel Abstract Inc | |
| Deed | $210,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $189,000 | Commercial |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 763374
APN: E9NE2D-7-12-0102
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