953-959 W 3RD STREET, Williamsport, PA 17701
$665,000
Property Type:
Multi-Units
Square Footage:
15,262
Lot Size (sq. ft.):
8,750
Status:
Closed
Current Price:
$665,000
List Date:
12/29/2018
Last Modified:
9/02/2024
Description
THREE two-story buildings and large paved parking lot located across the street from Pennsylvania College of Technology. Seven fully furnished units with all furnishings included. All units are currently rented to students through the 2019-2020 school year and have consistently been fully rented each year. Gross income is $127,800 per year for the school year with additional earning potential if rented over the summer months. Great investment properties for existing landlords or to start off your investment portfolio. Listing agent is an owner and must be present at all showings. Call Dawn Dyer at 570-916-8266 for your personal tour.
More Information MLS# WB-86121
Contract Information
Current Price: $665,000
Listing Contract Date: 2018-12-28
Status: Closed
List Price: $665,000
Assessed Valuation: 236040
Listing Service: Full Service
Foreclosure: No
Sold Information
Under Contract Date: 2019-03-14
Sold Date: 2019-05-13
General Property Description
Apx Total Fin SqFt: 15262
Year Built: 1901
Lot Dimensions: 50 X 175, 50 X 170, 50 X 170
Lot Size Acres: 0.6
Lot SqFt: 8750, 8500, 8500
Number of Units: 7
# Parking Spaces: 30
Stories: 2
LocationTax and Other Information
House #: 953-959
Street Direction Pfx: W
Street Name: 3RD
Street Suffix: STREET
County: Lycoming
State: PA
Postal Code: 17701
MLS Area: WILLIAMSPORT CITY
Zoning: RA-Res Apt
Tax ID: 65-005-337, 65-005-338, 65-005-339
Geo Lat: 41.237419
Geo Lon: -77.022096
Annual Income and Expenses
Inc - Rent: 127800
Total Inc/yr: 127800
Exp - Electricity: 7209
Exp - Garbage: 3225
Exp - Heat: 4019
Exp - Ins: Fire/Liab: 2856
Exp - Taxes: 8903
Exp - Water/Sewer: 3829
Total - Exp/yr: 30041
Cap Rate NOI/LP: 14.7
# AppliancesIncluded
A/C Units: 3
Dishwashers: 7
Dryers: 5
Furnaces: 7
Ranges: 7
Refrigerators: 7
Washers: 5
Water Heater: 6
Basement
Basement Access: Walk Out
Common Area
Common Laundry Pd By: Owner
Dumpster: Owner
Electric Paid By: Owner
Heat Paid By: Owner
Details
Property Assoc.: No
Under Construction: No
Inspections
Inspected By: Municipality
College Approved: Passed
Location
Other: Penn College
Showings
Media Permission: Yes
Pending: Pending-NO Show
Unit 1
Unit #: 953-1
# Bedrooms: 4
# Bathrooms: 1
Rent: 24800
Parking: 4+
Lease: yes
Furnished: Yes
Stories: 1
Cooling Paid By: Owner
Electric Paid By: Owner
Heat Paid By: Owner
Laundry Hookup: Yes
Lawncare By: Owner
Occupied/Vacant: Occupied
Sewer Paid By: Owner
Snow Removal By: Owner
Trash Paid By: Owner
Water Paid By: Owner
Remarks: new furnace 2017
Unit 2
Unit #: 953-2
# Bedrooms: 5
# Bathrooms: 1
Rent: 28000
Parking: 5+
Lease: Yes
Furnished: Yes
Stories: 1
Cooling Paid By: Owner
Electric Paid By: Owner
Heat Paid By: Owner
Laundry Hookup: Yes
Lawncare By: Owner
Occupied/Vacant: Occupied
Sewer Paid By: Owner
Snow Removal By: Owner
Trash Paid By: Owner
Water Paid By: Owner
Remarks: new furnace/DW 2017
Unit 3
Unit #: 957-1
# Bedrooms: 2
# Bathrooms: 1
Rent: 12800 annually
Parking: 2+
Lease: Yes
Furnished: Yes
Stories: 1
Electric Paid By: Owner
Heat Paid By: Owner
Laundry Hookup: Yes
Lawncare By: Owner
Occupied/Vacant: Occupied
Sewer Paid By: Owner
Snow Removal By: Owner
Trash Paid By: Owner
Water Paid By: Owner
Remarks: new granite
Unit 4
Unit #: 957-2
# Bedrooms: 4
# Bathrooms: 2
Rent: 2400 annually
Parking: 4+
Lease: Yes
Furnished: Yes
Stories: 1
Remarks: newgranit/WH/bath/DW
Unit 5
Unit #: 957-Efficiency
# Bedrooms: 1
# Bathrooms: 1
Rent: 6400 annually
Parking: 1+
Lease: Yes
Furnished: 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
Remarks: Rented for 2019-2020
Unit 6
Unit #: 959-1
# Bedrooms: 2
# Bathrooms: 1
Rent: 13200 annually
Parking: 2+
Lease: Yes
Furnished: Yes
Stories: 1
Electric Paid By: Owner
Heat Paid By: Owner
Laundry Hookup: Yes
Lawncare By: Owner
Occupied/Vacant: Occupied
Sewer Paid By: Owner
Snow Removal By: Owner
Trash Paid By: Owner
Water Paid By: Owner
Remarks: Rented for 2019-2020
Unit 7
Unit #: 959-2
# Bedrooms: 3
# Bathrooms: 1
Rent: 18,600 annually
Parking: 3+
Lease: Yes
Furnished: 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
Remarks: Rented for 2019-2020
Property Features
Basement: Dirt Floor; Full; Concrete
Cell Service Avail: Cell Service Avail Yes
Characteristics: Bus Route-Public
Construction: Frame
Cooling: Central Air; None
Exterior Finish: Wood Siding
Financing Considered: Cash; Conventional
Floors: Linoleum; Tile; Wood
Foundation: Block; Concrete Perimeter; Stone
Heating Fuel: Natural Gas
Heating Type: Hot Air
Location: Pub. Transportation
Meters: Common Electric; Common Gas; Common Waste; Common Water; Separate Electric; Separate Gas
Parking: Parking Lot/Pad
Property Amenities: Attic; Common Ldry Facility; No Smoking
Roof Type: Shingle
Sewer: Public Sewer
Showings: ShowingTime
Stories: 2 Story
Style: Apartment House; Duplex; Student Housing
Unit 1: Dishwasher; Range; Refrigerator; Porch; Separate Electric
Unit 2: Dishwasher; Disposal; Range; Refrigerator; Separate Electric
Unit 3: Dishwasher; Refrigerator; Porch; Separate Electric
Unit 4: Dishwasher
Unit 5: Dishwasher; Range; Refrigerator; Porch; Separate Electric
Unit 6: Dishwasher; Range; Refrigerator; Porch; Separate Electric
Unit 7: Dishwasher; Range; Refrigerator; Separate Electric
View: City Street
Water Source: Public
Listing Office: PREMIER REAL ESTATE AGENCY
Office Phone: 570-601-0774
Listing Agent: Dawn Dyer
Last Updated: September - 02 - 2024
All information deemed reliable, though not guaranteed. All measurements are approximate.