Cell: (717) 330-6826 | Office:(717) 757-7811
SQUARE FEET14,778
MLS#PANU2003188
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSHAMOKIN AREA
Property Description
Attention Investors: This 12-property portfolio is seeking new owners. Properties are situated in Shamokin, Lansford, Lewistown, and Sunbury, with some vacancies. The majority of occupied properties are month-to-month leases, with tenants responsible for utilities, facilitating a smooth transition for new owners. Undervalued rents present substantial potential within this portfolio. The current owner assumes responsibility for sewer and tax payments, resulting in annual expenses of $16,776. Annual rents amount to $65,520(Potential Annual Rents $149,160), generating a cash flow of $48,744. Eight properties are currently occupied, six of which are month-to-month leases. Two longer-term leases conclude in December 2026, leaving four vacant properties that can be rented for premium rates upon renovation. This portfolio presents a confluence of favorable factors: a motivated seller, undervalued rents, vacant properties, and opportunities for growth and improvements. With the appropriate strategy, this portfolio can transform into a highly lucrative asset. Currently, the portfolio offers a 6.6% Cap Rate. By increasing rents to market rates, it can provide for a lifetime of income. Schedule a showing to make this portfolio yours. This portfolio consists of **815 E Webster St Shamokin PA(3B 1B $900).... **918 Race St Shamokin PA(3B 1.5B Owner Occupied).... **35 Hibridge Cir Lewistown PA(3B 1B Vacant).... **6 & 28 S Franklin St Shamokin PA(2B 1B Each $625 & $600).... **513 W Mulberry St Shamokin PA(3B 1B $650 Additional Lot).... **135 E Arch St Shamokin PA(3B 1B $650).... **123 N Grant St Shamokin PA(4B 1B Vacant).... **212 E Snyder Ave Lansford PA(2B 1B $625).... **444 Kreamer Ave Sunbury PA(4B 1B $910).... **4685 Upper Rd Shamokin PA(3B 1B Vacant).... and 34 N Rock St Shamokin PA(5 Garage Bays $500)!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Fully Finished, Improved, Interior Access, Outside Entrance, Partially Finished, Rear Entrance, Poured Concrete, Shelving, Side Entrance, Space For Rooms, Unfinished, Workshop, Windows
Cooling: Ceiling Fan(s), Wall Unit, Window Unit(s), Zoned, Othe
Fireplaces: 1
Fuel Type: Electric, Wood, Other
Garage: 12
Heating: Baseboard - Electric, Zoned, Wood Burn Stove, Other
Lot Size: 3.68 Acres
Taxes: $8,167
Year Built: 1917
Feature Descriptions
Accessibility: 2+ Access Exits
Additional Structures: Above Grade
Appliances: Oven/Range - Electric, Refrigerator
Electric: 200+ Amp Service, 100 Amp Service, 110 Volts, 150 Amps
Exterior: Outbuilding(s), Play Area, Secure Storage, Boat Storage, Exterior Lighting, Private Beach
Exterior: Masonry, Vinyl Siding
Fireplace: Brick
Interior: Attic, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Floor Plan - Traditional, Pantry, Primary Bath(s), Walk-in Closet(s), Wood Floors, Other
Lake Name: Jacks Creek
Location: Rural
Lot: Additional Lot(s), Adjoins - Public Land, Adjoins - Open Space, Backs to Trees, Fishing Available, Flood Plain, Front Yard, Hunting Available, Partly Wooded, Private, Rear Yard, Rural, SideYard(s), Stream/Creek, Trees/Wooded, Vegetation Planting, Year Round Access
Lot Dimensions: 3.68 Acre(S)
Municipality: SHAMOKIN CITY
Number of Rooms: 86
Parking Notes: Asphalt Driveway, Dirt Driveway, Crushed Stone, Grave
Sewer: Public Sewer, Private Septic Tank
Special View Info: City, Creek/Stream, Trees/Woods
Structure Type: Other
Three Bedroom Units: 6
Total Garage/Parking Spaces: 12
Two Bedroom Units: 3
Units: 4
Water: Public, Private
Water Access: Canoe/Kayak, Fishing Allowed, Private Access, Private Beach, Swimming Allowed
Wooded: Yes
Local Schools
School District: SHAMOKIN AREA
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 8883977352
Shown By
Agent Name: The Jessica Engle Team
Agent Phone: Cell: (717) 330-6826
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 2,517.91 per month $1,624.44 Principal & Interest $680.58 Property Tax $212.89 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
232 S Diamond St | MLS# PANU2003188
This multi-family property located at 232 S Diamond St, Shamokin, PA 17872 is currently listed for sale with an asking price of $729,900. S Diamond St is located within the SHAMOKIN AREA school district. Search Shamokin real estate on www.thejessicaengleteam.com today.