$985,000
UNDER CONTRACT

86 Garibaldi Ave Roseto, PA 18013

Estimated payment $5,818/month

Total Views 3,672
13 Beds
9 Baths
7,446 Sq Ft
$132 Price per Sq Ft

About This Home

9-Unit Income-Producing Property | Fully Occupied | $99K+ Gross Annual Income

Excellent investment opportunity in Roseto Borough! This 9-unit multifamily property offers a rare chance to own a fully leased asset in the Bangor Area School District. With over 7,400 square feet of rentable space and 13 total bedrooms, this property is ideal for both seasoned and new investors seeking immediate cash flow and long-term stability.

Each unit is tenant-occupied with leases in place — including studio, 1-bedroom, and 2-bedroom layouts — and most tenants pay all utilities via RUBS. The building generates a gross annual income of $99,816, with a net income of $78,898 and low annual expenses of just $20,918.

Current management company is offering a discount for management if new buyer stays under management.

Listing Agent

Frank Rinaldi

CENTURY 21 Pinnacle Listed on: 06/16/2025

CENTURY 21 Pinnacle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,413

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 7,446 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Full Bathrooms

Additional Features

  • 4,420 Sq Ft Lot
  • Heating Available

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $500
  • Gardener Expense $715
  • Insurance Expense $2,900
  • Maintenance Expense $2,905
  • Professional Management Expense $7,985
  • Water Sewer Expense $500
  • Operating Expense $20,918
  • Gross Income $99,816
  • Net Operating Income $78,898

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,413

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Stories: 3
  • Year Built: 1920
  • LotSizeAcres: 0.101
  • Professional Management Expense: 7985.0
  • Co List Office Mls Id: C2PN01
  • Subdivision Name: Not in Development
  • PropertySubTypeAdditional: Duplex
  • Special Features: UnderContract

Interior Features

  • Full Bathrooms: 9
  • Total Bedrooms: 13
  • Living Area: 7446.0
  • Stories: 3

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 20918.0
  • Annual Water Sewer Expense: 500.0

Schools

  • Junior High Dist: Bangor

Lot Info

  • Lot Size Sq Ft: 4420.0
  • Zoning: M-Mixed Uses

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 500.0
  • Insurance Expense: 2900.0
  • Maintenance Expense: 2905.0
  • Property Net Operating Income: 78898.0

Tax Info

  • Tax Annual Amount: 5413.4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $716 $66,300 $10,900 $55,400
2024 $5,347 $66,300 $10,900 $55,400
2023 $5,315 $66,300 $10,900 $55,400
2022 $5,315 $66,300 $10,900 $55,400
2021 $5,381 $66,300 $10,900 $55,400
2020 $5,331 $66,300 $10,900 $55,400
2019 $5,212 $66,300 $10,900 $55,400
2018 $5,192 $66,300 $10,900 $55,400
2017 $5,156 $66,300 $10,900 $55,400
2016 -- $66,300 $10,900 $55,400
2015 -- $66,300 $10,900 $55,400
2014 -- $66,300 $10,900 $55,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 For Sale $985,000 +91.3% $132 / Sq Ft
01/20/2021 01/20/21 Sold $515,000 -1.9% $69 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $525,000 0.0% $71 / Sq Ft
08/27/2019 08/27/19 Rented $750 0.0% --
08/23/2019 08/23/19 Under Contract -- -- --
08/19/2019 08/19/19 Price Changed $750 -3.2% $1 / Sq Ft
07/31/2019 07/31/19 For Rent $775 0.0% --
07/25/2019 07/25/19 Under Contract -- -- --
07/24/2019 07/24/19 For Rent $775 +14.8% --
12/27/2016 12/27/16 Rented $675 0.0% --
11/16/2016 11/16/16 Under Contract -- -- --
11/03/2016 11/03/16 For Rent $675 +3.8% --
08/02/2016 08/02/16 Rented $650 -10.3% --
08/01/2016 08/01/16 Under Contract -- -- --
07/01/2016 07/01/16 Rented $725 +11.5% --
06/25/2016 06/25/16 Under Contract -- -- --
06/13/2016 06/13/16 For Rent $650 -10.3% --
03/16/2016 03/16/16 For Rent $725 +16.0% --
09/09/2015 09/09/15 Rented $625 0.0% --
09/08/2015 09/08/15 Under Contract -- -- --
09/03/2015 09/03/15 For Rent $625 -3.8% --
02/01/2015 02/01/15 Rented $650 0.0% --
01/15/2015 01/15/15 Under Contract -- -- --
01/02/2015 01/02/15 For Rent $650 -13.3% --
07/21/2014 07/21/14 Rented $750 0.0% --
07/20/2014 07/20/14 Under Contract -- -- --
07/02/2014 07/02/14 For Rent $750 0.0% --
03/28/2014 03/28/14 Sold $280,000 -8.2% $33 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $305,000 +17.3% $36 / Sq Ft
09/25/2012 09/25/12 Sold $260,000 -28.5% $30 / Sq Ft
09/09/2012 09/09/12 Pending -- -- --
10/04/2010 10/04/10 For Sale $363,800 -- $43 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $515,000 Steel Abstract Llc
Deed $280,000 None Available
Deed $260,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,500 Commercial
Previous Owner $20,000 Future Advance Clause Open End Mortgage
Previous Owner $210,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Greater Lehigh Valley REALTORS®

MLS Number: 759501

Greater Lehigh Valley REALTORS®

APN: D9SE4A-11-5-0128