For Sale
$2,280,000

1400 4Th StWilliamsport, PA 17701

19-Unit Loft Building, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 19-unit luxury apartment building in Williamsport, Pennsylvania presents a compelling investment opportunity. Located at 1400 W 4th St, this meticulously renovated property boasts a captivating history as a former church, now transformed into a stunning collection of loft apartments. The building features high-end finishes throughout, including hardwood floors, granite countertops, and open-concept layouts. Each unit is equipped with a high-efficiency HVAC system and in-unit washer/dryer. The building also includes a spacious cathedral meeting room, ideal for private events. The property sits on one acre of land and includes a gated parking lot with a keyless entry system. The building's strong financial performance is highlighted by a stabilized investment type, an 8.48% cap rate, and a net operating income (NOI) of $193,321. All utilities (electric, sewer, and water) are separately metered for each tenant, simplifying management and maximizing efficiency. The building's interior has been completely renovated, including new plumbing, electrical, HVAC, framing, insulation, drywall, and a full sprinkler system. Original stained-glass windows add to the building's unique character and charm. This turnkey investment offers a rare blend of historical charm and modern luxury, promising strong returns for the discerning investor. The asking price is $2,280,000.

Highlights

  • Separate utility meters for electricity, sewer, and water for each tenant.
  • Preserved original stained-glass windows in a beautifully restored structure.
  • Complete interior renovation including new plumbing, electrical, HVAC, and framing.
  • Fully sprinklered building in excellent condition.

Property Details for 1400 4Th St

Property type
Apartment buildings
Buildings
1
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Williamsport
County
Lycoming
State
Pennsylvania
Latitude
41.2397407
Longitude
-77.0343816
1400 4Th St, Williamsport, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1400 4Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message