620 2Nd StBloomsburg, PA 17815

Property Details for 620 2Nd St

Year built

1900

Lot size

0.44 AC

Property size (Sq ft)

5,592 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

Exceptional investment opportunity in Bloomsburg, Pennsylvania, featuring a six-unit apartment building, a single-family home, and a two-car garage situated on a 0.44-acre lot. The property, located at 620 E 2nd St, 17815, is directly across from Bloomsburg University, ensuring consistent high occupancy rates. The apartment building, constructed in 1900, comprises 5,592 square feet and offers six units, each priced at $150,000. The property boasts a gross annual income of $107,500 with full occupancy, demonstrating strong rental demand. Modern updates throughout the six-unit building, including central air conditioning, contribute to tenant satisfaction and simplify management. Tenants are responsible for most utilities, maximizing net income. The property is zoned RS and features three buildings. The APN is 05E11 12501, 05E11 12700. This turnkey investment is ideal for portfolio expansion or first-time investors seeking a proven performer in a desirable location. The asking price for this exceptional property is $1,050,000.

Location Insight

City

Bloomsburg

County

Columbia

State

Pennsylvania

Latitude

41.0066

Longitude

-76.4469

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