13 3Rd StBloomsburg, PA 17815

This exceptional three-story student housing property at 13 E 3rd Street, Bloomsburg, PA 17815, presents a lucrative investment opportunity. Priced at $410,000, this 3,600 square foot multifamily building boasts a strong 10% capitalization rate and a net operating income (NOI) of $41,000. The property features nine bedrooms in a single unit, making it ideal for student rentals. Currently leased for the 2024-25 academic year, generating a gross income of $53,082, this property offers immediate cash flow. Situated on a 0.08-acre lot, it includes six parking spaces. The interior showcases attractive features including exposed brick, updated bathrooms, hardwood floors, a modern kitchen with new cabinets, granite countertops, and stainless steel appliances. The building is equipped with forced hot air heating and central air conditioning. The property is zoned RU and offers a price per square foot of $113.89 and a price per unit of $410,000. This turnkey investment is ready for a new owner to enjoy immediate returns. Don't miss this chance to acquire a high-performing asset in a desirable student housing market.