130 N FAIRVIEW STREET, Lock Haven, PA 17745

$1,400,000
Property Type: Multi-Units Square Footage: 24,235 Lot Size (sq. ft.): 43 Status: Active Contingent
Current Price: $1,400,000 List Date: 6/21/2025 Last Modified: 11/24/2025

Description

Seven properties of well maintained and exceptionally managed student housing, 47 bedrooms total. Bulk sale on one deed only. 34 are leased for school year starting in August and historically the other 13 will lease by then. Six of these properties back onto campus, and have off street parking, 3 lots, a competitive advantage, and share a laundry facility at 130 N Fairview. At list price, a 10.8% cap rate. 128 N Fairview (2 plx, 5 bed), 61 N Jones (4 plx, 8 bed), 53 N Fairview (SFR, 5 bed), 130 N Fairview (SFR, 8 bed), 130 N Fairview REAR (4 PLX w/laundry facility, 9 bed), 136 N Fairview (2 PLX, 6 bed), and 604 W Main (2 PLX, 6 bed), Owned free and clear for 22 years. LLC can be purchased meaning no transfer tax, All properties gutted, re-wired and remodeled in 2004, many upgrades since.

More Information MLS# WB-101795

Contract Information

Current Price: $1,400,000 Auction: No Listing Contract Date: 2025-06-19 Status: Active Contingent List Price: $1,400,000 Assessed Valuation: 1040114 Listing Service: Full Service Foreclosure: No

Sold Information

Under Contract Date: 2025-11-21

General Property Description

Apx Abv Gr Fin SqFt: 24235 Apx Below GrFin Sqft: 6435 Apx Total Fin SqFt: 24235 Year Built: 1900 Lot Size Acres: 0.99 Lot SqFt: 43,124 Number of Units: 7 # Parking Spaces: 33 Stories: 2.5

LocationTax and Other Information

House #: 130 Street Direction Pfx: N Street Name: FAIRVIEW Street Suffix: STREET County: Clinton State: PA Postal Code: 17745 MLS Area: CLINTON COUNTY Zoning: RES Subdivision Name: None Tax ID: G-01-0321 Geo Lat: 41.136648 Geo Lon: -77.457632

Annual Income and Expenses

Inc - Rent: 238630 Total Inc/yr: 238630 NOI - Net Oper. Inc.: 164341

Basement

Basement Access: Walk Up

Common Area

Common Laundry Pd By: Tenant Dumpster: Owner Electric Paid By: Owner Heat Paid By: Owner

Details

Property Assoc.: No

Land Use

Leased Lot: No

Showings

Media Permission: Yes

Property Features

Attic: See Remarks Basement: Full Construction: See Remarks Cooling: None Documents On File: Rental Permits - Municipality Driveway: Alley Access; Asphalt Electrical Service: Circuit Breakers Exterior Finish: See Remarks Financing Considered: Cash; Conventional; Owner Financing Floors: Carpet W/W; Vinyl; Wood Foundation: See Remarks Heating Fuel: Electric; Natural Gas Heating Type: Baseboard Location: Residential Meters: Common Electric; Common Gas; Common Water Parking: Assigned Parking Roof Type: Shingle Sewer: Public Sewer Stories: 2 Story Style: Apartment House View: City/Skyline; City Street Water Heater: Electric Water Source: Public Contingency Reason: Inspections
Listing Office: Ross & Rockwell
Office Phone: 907-727-2227
Listing Agent: Lawrence Ross
Last Updated: November - 24 - 2025
All information deemed reliable, though not guaranteed. All measurements are approximate.