1107 W 4TH STREET, Williamsport, PA 17701

$499,900

Property Type: Multi-Units Square Footage: 6,316 Lot Size (sq. ft.): 13,504 Status: Closed

Current Price: $499,900 List Date: 5/05/2021 Last Modified: 9/02/2024

Description

This c. 1990 purpose-built apartment building (new by college rental standards), represents a great opportunity for the investor looking to get more units under one roof. Boasting 11 units with 20 beds in total, this one-level property is just a 1/2 block from campus. With 6,000+ square feet and offering nine 2 bed apartments, 1 one bedroom and an efficiency, there is great rental income here. The property was efficiently built & has been well maintained, has a great roof, vinyl siding, insulated windows, a central natural gas heating system with gas hot water too. You'll find coin-operated laundry at rear as well as paved parking for up to 8 vehicles. With 20 beds at an average rent of $2,500 per semester, rent could approach or surpass $100,000 annually! Contact Rob Pierce 570-279-0856

More Information MLS# WB-92453

Contract Information

Current Price: $499,900 Listing Contract Date: 2021-05-01 Status: Closed List Price: $499,900 Assessed Valuation: 380250 Listing Service: Full Service Foreclosure: No

Sold Information

Under Contract Date: 2021-05-10 Sold Date: 2021-06-15

General Property Description

Apx Abv Gr Fin SqFt: 6316 Apx Total Fin SqFt: 6316 Year Built: 1990 Lot Dimensions: 85' X 160' Lot Size Acres: 0.31 Number of Units: 11 # Parking Spaces: 8 Stories: 1

LocationTax and Other Information

House #: 1107 Street Direction Pfx: W Street Name: 4TH Street Suffix: STREET County: Lycoming State: PA Postal Code: 17701 MLS Area: WILLIAMSPORT CITY Zoning: INSTITUTIONAL Subdivision Name: Other Tax ID: 66-0130-0102 Geo Lat: 41.239173 Geo Lon: -77.026797

Annual Income and Expenses

Inc - Rent: 68130 Inc - Other: 5914.6 Exp - Electricity: 1878.83 Exp - Garbage: 1026 Exp - Heat: 2240.59 Exp - Ins: Fire/Liab: 4360 Exp - Lawn/Snow: 684 Exp - Taxes: 15061.7 Exp - Water/Sewer: 5821.3

# AppliancesIncluded

Dryers: 1 Ranges: 11 Refrigerators: 11 Washers: 1

Basement

Basement Access: None/Slab

Common Area

Common Laundry Pd By: Tenant

Details

Property Assoc.: No

Land Use

Leased Lot: No

Location

Other: CLOSE TO PCT

Showings

Media Permission: No

Unit 1

Unit #: 1 # Bedrooms: 2 # Bathrooms: 1 Lease: Yes Stories: 1 Electric Paid By: Owner Heat Paid By: Owner Lawncare By: Owner Occupied/Vacant: Occupied Sewer Paid By: Owner Snow Removal By: Owner Trash Paid By: Owner Water Paid By: Owner

Unit 2

Unit #: 2 # Bedrooms: 2 # Bathrooms: 1 Lease: Yes Electric Paid By: Owner Heat Paid By: Owner Lawncare By: Owner Occupied/Vacant: Occupied Sewer Paid By: Owner Snow Removal By: Owner Trash Paid By: Owner Water Paid By: Owner

Unit 3

Unit #: 3 # Bedrooms: 2 # Bathrooms: 1 Lease: YES Stories: 1 Electric Paid By: Owner Heat Paid By: Owner Lawncare By: Owner Occupied/Vacant: Occupied Sewer Paid By: Owner Snow Removal By: Owner Trash Paid By: Owner Water Paid By: Owner

Unit 4

Unit #: 4 # Bedrooms: 2 # Bathrooms: 1 Lease: YES Electric Paid By: Owner Heat Paid By: Owner Lawncare By: Owner Occupied/Vacant: Occupied Sewer Paid By: Owner Snow Removal By: Owner Trash Paid By: Owner Water Paid By: Owner

Unit 5

Unit #: 5 # Bedrooms: 1 # Bathrooms: 1 Lease: YES Electric Paid By: Owner Heat Paid By: Owner Lawncare By: Owner Occupied/Vacant: Occupied Sewer Paid By: Owner Snow Removal By: Owner Trash Paid By: Owner Water Paid By: Owner

Unit 6

Unit #: 6 # Bedrooms: 2 # Bathrooms: 1 Lease: YES Electric Paid By: Owner Heat Paid By: Owner Lawncare By: Owner Occupied/Vacant: Occupied Sewer Paid By: Owner Snow Removal By: Owner Trash Paid By: Owner Water Paid By: Owner

Unit 7

Unit #: 7,8,9 & 10 # Bedrooms: 2 # Bathrooms: 1 Lease: YES Electric Paid By: Owner Heat Paid By: Owner Lawncare By: Owner Occupied/Vacant: Occupied Sewer Paid By: Owner Snow Removal By: Owner Trash Paid By: Owner Water Paid By: Owner

Unit 8

Unit #: EFFICIENCY # Bedrooms: 1 # Bathrooms: 1 Lease: NO Electric Paid By: Owner Heat Paid By: Owner Occupied/Vacant: Vacant Sewer Paid By: Owner Snow Removal By: Owner Trash Paid By: Owner Water Paid By: Owner

Property Features

Attic: Access/Scuttle Basement: None Building Accessibility: Zero-Grade Entry Cell Service Avail: Cell Service Avail Yes Construction: Frame Cooling: None Details: Natural Gas Available; Historical District Documents On File: Floor Plan; Map-Topo Driveway: Alley Access; Concrete; Gravel Electrical Service: Circuit Breakers Exterior Finish: Vinyl Siding Financing Considered: Cash; Conventional Floors: Carpet W/W; Concrete; Vinyl Foundation: See Remarks Heating Fuel: Natural Gas Heating Type: Baseboard Meters: Common Electric; Common Gas; Common Waste; Common Water Parking: Parking Lot/Pad Property Amenities: Coin Laundry; Common Ldry Facility Roof Type: Shingle Sewer: Public Sewer Showings: ShowingTime Stories: 1 Story Style: Attached Units Unit 1: Range; Refrigerator Unit 2: Range; Refrigerator Unit 3: Range; Refrigerator Unit 4: Range; Refrigerator Unit 5: Range; Refrigerator Unit 6: Range; Refrigerator Unit 7: Range; Refrigerator Unit 8: Range; Refrigerator View: City Street Water Heater: Electric Water Source: Public

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.