Skip To Content

405-411 E Sunbury Street

SHAMOKIN, PA 17872
  • $450,000
  • STATUS: Pending
  • ON SITE: 26 Days
  • ID#: PANU2001280
Pending
$450,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1934
County:

School Ratings & Info

School District:

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.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Teampete Realty Services, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-22T18:02:41.503.
www.teampete.com/homes/146958060
Print Image

405-411 E Sunbury Street SHAMOKIN, PA 17872

  • Price: $450,000
  • Status: Pending
  • On Site: 26 Days
  • ID#: PANU2001280
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1934
Built
Neighborhood:
None Availabel
County:
Northumberland
Area:
Jackson Twp (14106)
School District:
Shamokin Area
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.
Exterior Features

Construction Materials Brick Garage YN No Lot Features Rear Yard Parking Features Paved ParkingUnassigned Parking Types Off SiteOn StreetOther Property Condition Excellent Riparian Rights YN No Roof FoamComposite Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6500.00 Cooling Window Unit(s) Heating Baseboard - Electric Heating YN Yes Inclusions All appliances. Net Square Feet 5800.00 Security Features Surveillance Sys

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Assessment Year 2023 Business Type Apartment Building Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Elevator Use Fee 0.00 Foundation Details Block Heating Fuel ElectricNatural Gas Hot Water Natural Gas Municipality JACKSON TWP Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802809455496 Owner Pays ManagementPest ControlSnow RemovalWaterTaxes - Real EstateSewerCommon Area Maintenance Ownership Interest Fee Simple Possession 31-60 Days CD0-30 Days CD Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3275.00 Tax Assessment Amount 25800.00 Tax Lot 243 Utilities Natural Gas Available Vacation Rental YN No Water Source Public Zoning COMMERCIAL

Listing courtesy of Stoltzfus Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Teampete Realty Services, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-22T18:02:41.503.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802809455496-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802809455496-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802809455496-2.jpg
Logo
Teampete Realty Services, Inc
15 Central Blvd.
Camp Hill PA, 17011