Shamokin, PA 17872,405-411 E SUNBURY ST
Shamokin, PA 17872,405-411 E SUNBURY ST
Shamokin, PA 17872,405-411 E SUNBURY ST
Shamokin, PA 17872,405-411 E SUNBURY ST
Shamokin, PA 17872,405-411 E SUNBURY ST
Shamokin, PA 17872,405-411 E SUNBURY ST
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$430,000

$450,000

4.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,500 SqFt


SOLD DATE : 04/01/2024

Key Details

Sold Price $430,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $66

Subdivision None Availabel

MLS Listing ID PANU2001280

Sold Date 04/01/24

Originating Board BRIGHT

Year Built 1934

Annual Tax Amount $3,275

Tax Year 2022

Lot Size 5,816 Sqft

Acres 0.13

Lot Dimensions 57.00 x 100.00

Property Description

Calling All Investors! Explore a remarkable investment opportunity with this impressive 13-unit apartment building. With some improvements, this 6 two-bedroom and 7 one-bedroom property presents a unique chance to expand your portfolio.

Currently, seven units are vacant, and one is currently ready for immediate rental. Ongoing construction in multiple units adds potential value, making this building a lucrative cash flow opportunity with a modest upfront investment.

Key features include recently installed central air units in the two bottom units, while the remaining 11 units have electric baseboards. Tenants cover heating expenses, except for two 1st-floor units where the owner handles heating and cooling costs.

Enhancing security, a Night Owl Surveillance system is in place, covering common areas and the exterior entrance. Additional income streams can be generated by adding washer/dryer units to the ready-to-hook-up laundry areas on the 2nd and 3rd floors.

The building boasts a new roof installed in 2022, ensuring long-term durability. With a blend of affordability and significant return potential, this is your opportunity to secure a valuable piece of real estate and elevate your investment portfolio. Don't miss out on this chance to make a strategic move in the real estate market!
Projected rents when fully occupied is $7750.

Location

State PA

County Northumberland

Area Jackson Twp (14106)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 6.0

Utilities Available Natural Gas Available

Water Access N

Roof Type Foam,Composite

Accessibility None

Total Parking Spaces 6

Garage N

Building

Lot Description Rear Yard

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Shamokin Area

Others

Tax ID 009-01-001-243

Ownership Fee Simple

SqFt Source Estimated

Security Features Surveillance Sys

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Mike Lapp • Stoltzfus Realty
Bought with Mike Lapp • Stoltzfus Realty
Nina Bavosa

Agent | License ID: 2080701

+1(908) 510-9094 | nina@ninasellsnj.com

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