1057-1063 PARK AVENUE, Williamsport, PA 17701
$319,500
Property Type:
Multi-Units
Square Footage:
5,268
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$319,500
List Date:
5/09/2024
Last Modified:
9/02/2024
Description
*NO SHOWINGS UNTIL MONDAY 5/13/24*
Investors - Here's your chance to add a large, well-maintained, purpose-built 4 unit to your portfolio. A property that is 100% occupied & grossing $38,000+ annually, with potential to reach $40k-$45k with some rent adjustments. 1057-1063 Park includes 4 spaciously designed 2 bedroom (some use as 3 bed), 1 bath apartments - at over 1,200 sq/ft each - it's like 4 small ranch homes in one building. Each apartment is fully applianced, including washers/dryers, and all are heated by gas. Tenants pay utilities, to include: Heat, electric, water & sewer. For nearly 40 years, the current owners have preserved the building's c.1926 charm, while upgrading and maintaining all along. A truly unique property. Contact Rob Pierce @ 570-279-0856, rob@fishre.com.
More Information MLS# WB-99078
Contract Information
Current Price: $319,500
Auction: No
Listing Contract Date: 2024-05-09
Status: Closed
List Price: $319,500
Assessed Valuation: 65900
Listing Service: Full Service
Foreclosure: No
Sold Information
Under Contract Date: 2024-05-21
Sold Date: 2024-06-27
General Property Description
Apx Abv Gr Fin SqFt: 5268
Apx Total Fin SqFt: 5268
Year Built: 1926
Lot Dimensions: 57' x 92'
Lot Size Acres: 0.12
Lot SqFt: 5227.2
Number of Units: 4
Stories: 2
LocationTax and Other Information
House #: 1057-1063
Street Name: PARK
Street Suffix: AVENUE
County: Lycoming
State: PA
Postal Code: 17701
MLS Area: WILLIAMSPORT CITY
Zoning: R-2
Subdivision Name: None
Tax ID: 66-002-300
Geo Lat: 41.243317
Geo Lon: -77.026279
Annual Income and Expenses
Inc - Rent: 39250
Total Inc/yr: 39250
Exp - Electricity: 416
Exp - Ins: Fire/Liab: 1625
Exp - Taxes: 2633.36
Exp - Other: 180
Total - Exp/yr: 4854.36
# AppliancesIncluded
Dryers: 4
Ranges: 4
Refrigerators: 4
Washers: 4
Basement
Basement Access: Walk Up
Common Area
Electric Paid By: Owner
Details
Property Assoc.: No
Inspections
Inspected By: Municipality
Land Use
Leased Lot: No
Showings
Media Permission: No
Unit 1
Unit #: 1057
# Bedrooms: 2
# Bathrooms: 1
Rent: 795
Lease: Yes
Electric Paid By: Tenant
Heat Paid By: Tenant
Laundry Hookup: Yes
Occupied/Vacant: Occupied
Sewer Paid By: Tenant
Snow Removal By: Owner
Trash Paid By: Tenant
Water Paid By: Tenant
Unit 2
Unit #: 1059
# Bedrooms: 2
# Bathrooms: 1
Rent: 845
Lease: Yes
Electric Paid By: Tenant
Heat Paid By: Tenant
Laundry Hookup: Yes
Lawncare By: Owner
Occupied/Vacant: Occupied
Sewer Paid By: Tenant
Trash Paid By: Tenant
Water Paid By: Tenant
Unit 3
Unit #: 1061
# Bedrooms: 2
# Bathrooms: 2
Rent: 725
Lease: Yes, mo.-to-mo.
Electric Paid By: Tenant
Heat Paid By: Tenant
Laundry Hookup: Yes
Lawncare By: Owner
Occupied/Vacant: Occupied
Sewer Paid By: Tenant
Snow Removal By: Owner
Trash Paid By: Tenant
Water Paid By: Tenant
Unit 4
Unit #: 1063
# Bedrooms: 2
# Bathrooms: 1
Rent: 825
Lease: Yes
Electric Paid By: Tenant
Heat Paid By: Tenant
Laundry Hookup: Yes
Lawncare By: Owner
Occupied/Vacant: Occupied
Sewer Paid By: Tenant
Snow Removal By: Owner
Trash Paid By: Tenant
Water Paid By: Tenant
View
Other: Residential
Property Features
Attic: Floored; Full; Permanent Stairs; See Remarks
Basement: Full; Concrete
Cell Service Avail: Cell Service Avail Yes
Construction: Frame
Cooling: None
Details: Natural Gas Available
Documents On File: Floor Plan; Map-Aerial; Map-Topo; SewerLateral Comp.; Rental Permits - Municipality
Driveway: None
Electrical Service: Circuit Breakers
Exterior Finish: Vinyl Siding
Financing Considered: Cash; Conventional
Floors: Carpet W/W; Tile; Vinyl; Wood
Foundation: Block
Heating Fuel: Natural Gas
Heating Type: Hot Air; Hot Water
Location: Pub. Transportation; Residential
Meters: Common Electric; Separate Electric; Separate Gas; Separate Waste; Separate Water
Parking: On Street
Property Amenities: Storage Rooms
Roof Type: Shingle
Sewer: Public Sewer
Showings: ShowingTime
Stories: 2 Story
Style: Attached Units
Unit 1: Range; Refrigerator; Separate Electric; Washer
Unit 2: Range; Refrigerator; Separate Electric; Washer; Dryer
Unit 3: Refrigerator; Separate Electric; Washer; Dryer
Unit 4: Range; Refrigerator; Separate Electric; Washer; Dryer
View: City Street
Water Heater: Electric; Gas
Water Source: Public
Contingency Reason: Appraisal; Financing; Inspections
Listing Office: FISH REAL ESTATE
Office Phone: 570-326-1561
Listing Agent: Robert Pierce
Last Updated: September - 02 - 2024
All information deemed reliable, though not guaranteed. All measurements are approximate.