$975,000
$975,000
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915 VINE AVE Williamsport, PA 17701
4,410 SqFt
Key Details
Sold Price $975,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,410 sqft
Price per Sqft $221
MLS Listing ID WB-99242
Year Built 1980
Annual Tax Amount $4,758
Lot Size 10,454 Sqft
Property Description
Penn College Luxury Student Housing - Outstanding OPPORTUNITY for Investors! A beautifully remodeled Church building now houses 16 individual student bedrooms. Conveying with the property are the School Year 2024/2025 leases for 14-students yielding $94,800 gross annual income with potential to increase. The current CAP RATE is 7.82 and Seller financing will be considered.
The 1st and 2nd floor Common Areas-Kitchen and Lounge feature Amish custom cabinetry, granite counters and full-size stainless appliances. There are 3-shared bathrooms on the main level and 2-shared bathrooms on the upper level.
The 2022 remodel includes HVAC gas heat forced air, central air condition; on-demand gas hot water heaters; 4 x 200 amp electrical service and the Architectural shingled roof is 10 yrs* *with new 2023 gutters. There are 20 off-street parking spaces and a shed that stores the student's outdoor recreational items. Call/text Kelly Annicelli 570-560-4427 for your tour today!
Location
State PA
County Lycoming
Area Williamsport City
Zoning R-3
Interior
Heating Natural Gas, Hot Air
Cooling Central Air
Flooring Carpet W/W, Laminate, Wood
Exterior
Parking Features Dirt, Gravel
View Residential, Other
Roof Type Shingle
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding,Frame
Others
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
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