115-119 E MAIN STREET, Lock Haven, PA 17745
$275,000
Property Type:
Multi-Units
Square Footage:
17,946
Lot Size (sq. ft.):
8
Status:
Closed
Current Price:
$275,000
List Date:
1/29/2025
Last Modified:
5/12/2025
Description
We're back ! Cash Flow - The Larsen Building, heart of downtown, home to Lanning Music and VFW Counseling (former home of The Bus Stops Here) retail spaces on the ground floor, four spacious apartments above. Brand new roof. Recent A/C upgrades (ground floor only).
Tenant parking in rear. Boiler serves the two ground floor spaces, others are electric heat.
Well maintained building. Current gross rents of $49,500 per year. Call Larry Ross to tour 570-506-6652 or for more information. 48 hour notice, please.
More Information MLS# WB-100651
Contract Information
Current Price: $275,000
Auction: No
Listing Contract Date: 2025-01-02
Status: Closed
List Price: $275,000
Assessed Valuation: 251000
Listing Service: Full Service
Foreclosure: No
Sold Information
Under Contract Date: 2025-02-10
Sold Date: 2025-05-01
General Property Description
Apx Abv Gr Fin SqFt: 17946
Apx Total Fin SqFt: 17946
Year Built: 1900
Lot Size Acres: 0.18
Lot SqFt: 8,015
Number of Units: 6
# Parking Spaces: 6
Stories: 3
LocationTax and Other Information
House #: 115-119
Street Direction Pfx: E
Street Name: MAIN
Street Suffix: STREET
County: Clinton
State: PA
Postal Code: 17745
MLS Area: CLINTON COUNTY
Zoning: COM
Subdivision Name: Other
Tax ID: A-05-0025
Geo Lat: 41.137211
Geo Lon: -77.445228
Annual Income and Expenses
Inc - Rent: 49500
Exp - Electricity: 4668
Exp - Garbage: 2196
Exp - Heat: 5160
Exp - Ins: Fire/Liab: 5740
Exp - Management: 3968
Exp - Taxes: 7681.08
Exp - Water/Sewer: 1384
NOI - Net Oper. Inc.: 18803
Cap Rate NOI/LP: 6.8
# AppliancesIncluded
A/C Units: 2
Basement
Basement Access: Walk Up
Common Area
Dumpster: Owner
Electric Paid By: Owner
Heat Paid By: Owner
Details
Property Assoc.: No
Land Use
Leased Lot: No
Location
Other: Downtown Central
Showings
Media Permission: No
Unit 1
Unit #: 1
# Bedrooms: 1
# Bathrooms: 1
Rent: 650.00
Lease: Yes
Stories: 2
Cable Paid By: Tenant
Electric Paid By: Tenant
Heat Paid By: Tenant
Internet Paid By: Tenant
Laundry Hookup: No
Occupied/Vacant: Occupied
Phone Paid By: Tenant
Unit 2
Unit #: 2
# Bedrooms: 1
# Bathrooms: 1
Rent: 550
Parking: 1
Lease: Yes
Stories: 3
Cable Paid By: Tenant
Cooling Paid By: Tenant
Electric Paid By: Tenant
Heat Paid By: Tenant
Internet Paid By: Tenant
Laundry Hookup: No
Occupied/Vacant: Occupied
Phone Paid By: Tenant
Sewer Paid By: Owner
Unit 3
Unit #: 3
# Bedrooms: 1
# Bathrooms: 1
Rent: 550
Parking: 1
Lease: Yes
Cable Paid By: Tenant
Cooling Paid By: Tenant
Electric Paid By: Tenant
Internet Paid By: Tenant
Laundry Hookup: No
Phone Paid By: Tenant
Unit 4
Unit #: 4
# Bedrooms: 2
# Bathrooms: 1
Rent: 600
Parking: 1
Lease: Yes
Cable Paid By: Tenant
Cooling Paid By: Tenant
Electric Paid By: Tenant
Heat Paid By: Tenant
Internet Paid By: Tenant
Laundry Hookup: No
Phone Paid By: Tenant
Sewer Paid By: Owner
Trash Paid By: Owner
Unit 5
Unit #: VFW
# Bathrooms: 2
Rent: 1200
Parking: 1
Lease: Yes
Stories: 1
Cable Paid By: Tenant
Internet Paid By: Tenant
Laundry Hookup: No
Phone Paid By: Tenant
Unit 6
Unit #: Lanning Music
# Bathrooms: 1
Rent: 575
Parking: 1
Lease: Yes
Stories: 1
Cable Paid By: Tenant
Internet Paid By: Tenant
Laundry Hookup: No
Phone Paid By: Tenant
Property Features
Attic: None
Basement: Concrete
Cell Service Avail: Cell Service Avail Yes
Construction: Brick; Masonry
Cooling: Ductless
Documents On File: Deed Restrictions
Driveway: Alley Access
Electrical Service: Circuit Breakers
Exterior Finish: Brick
Financing Considered: Cash; Conventional
Floors: Concrete; Wood
Foundation: Stone
Heating Fuel: Natural Gas
Heating Type: Hot Water
Meters: Common Gas; Common Water; Separate Electric
Parking: One Car/ Unit; Parking Lot/Pad
Roof Type: Rubber
Sewer: Public Sewer
Stories: 3 Story
Style: Apartments Over Comm
Unit 1: Separate Electric
Unit 2: Range; Refrigerator; Separate Electric
Unit 3: Range; Refrigerator; Separate Electric
Unit 4: Range; Refrigerator; Separate Electric
View: City Street
Water Heater: Electric
Water Source: Public
Contingency Reason: Financing
Listing Office: Ross & Rockwell
Office Phone: 907-727-2227
Listing Agent: Lawrence Ross
Last Updated: May - 12 - 2025
All information deemed reliable, though not guaranteed. All measurements are approximate.