1121 MARKET STREET, Williamsport, PA 17701

$309,000
Property Type: Multi-Units Square Footage: 2,730 Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $309,000 List Date: 9/05/2024 Last Modified: 4/24/2025

Description

Prime 3-Unit Investment Property at Market & Vernon Here's your chance to own a highly profitable multi-unit property in a prime location! This corner property features: 3 Units: One unit currently operates as a lucrative Airbnb, while Units 1 & 2 are rented at $975 EACH Additional Income: Garage rents for $100/month. Strong Financials: Total annual income of $43,446 with expenses at just $11,560, netting an impressive $31,886 per year. Turnkey Condition: The seller has fully renovated the property, ensuring it's in excellent condition with great tenants already in place. Whether you're looking for a reliable income stream or an opportunity to expand the Airbnb, this property offers it all. Don't miss out on this fantastic investment!

More Information MLS# WB-99971

Contract Information

Current Price: $309,000 Auction: No Listing Contract Date: 2024-09-05 Status: Closed List Price: $309,000 Assessed Valuation: 100030 Listing Service: Full Service Foreclosure: No

Sold Information

Under Contract Date: 2025-03-15 Sold Date: 2025-04-24

General Property Description

Apx Abv Gr Fin SqFt: 2730 Apx Total Fin SqFt: 2730 Year Built: 1914 Lot Size Acres: 0.14 Number of Units: 3 # Parking Spaces: 2

LocationTax and Other Information

House #: 1121 Street Name: MARKET Street Suffix: STREET County: Lycoming State: PA Postal Code: 17701 MLS Area: WILLIAMSPORT CITY Zoning: R2 Subdivision Name: Williamsport West of Market St Tax ID: 74-008-400 Geo Lat: 41.252445 Geo Lon: -77.008872

Annual Income and Expenses

Inc - Rent: 43446 Exp - Electricity: 600 Exp - Garbage: 960 Exp - Ins: Fire/Liab: 1800 Exp - Taxes: 4047.21 Exp - Water/Sewer: 2400

# AppliancesIncluded

Dryers: 2 Ranges: 3 Refrigerators: 3 Washers: 2

Basement

Basement Access: Walk In

Details

Property Assoc.: No

Land Use

Leased Lot: No

Showings

Media Permission: No

Unit 1

Unit #: upstairs # Bedrooms: 1 # Bathrooms: 1 Rent: 975 Lease: yes

Unit 2

Unit #: downstairs # Bedrooms: 1 # Bathrooms: 1 Rent: 875 Lease: yes

Unit 3

Unit #: Vernon airbnb # Bedrooms: 1 # Bathrooms: 1

Property Features

Attic: Permanent Stairs Basement: Sump Pump Cell Service Avail: Cell Service Avail Yes Construction: Brick Cooling: Window Unit(s) Documents On File: P & L Driveway: Asphalt Electrical Service: Circuit Breakers Exterior Finish: Brick Financing Considered: 1031 Exchange; Cash; Conventional; VA Loan Floors: Carpet W/W; Wood Foundation: Block Heating Fuel: Electric; Natural Gas Heating Type: Baseboard; Hot Air Location: Pub. Transportation; Residential Parking: On Street Property Amenities: 1031 Exchange Roof Type: Shingle Sewer: Public Sewer Showings: ShowingTime Stories: 2 Story Style: Attached Units View: City Street Water Heater: Electric; Gas Water Source: Public Contingency Reason: Appraisal; Clear Title; Financing
Listing Office: Iron Valley Real Estate North Central PA
Listing Agent: Missy Magargle
Last Updated: April - 24 - 2025
All information deemed reliable, though not guaranteed. All measurements are approximate.