224 Market StWilliamstown, PA 17098

Property Details for 224 Market St

Year built

1900

Construction

FRAME

Lot size

0.17 AC

Property size (Sq ft)

8,269 SF

Property type

Industrial properties

Property subtype

Other industrial properties

APN

71-008-002

APU

71008002

Description

This exceptional mixed-use property at 224 W Market Street in Williamstown, PA, presents a lucrative investment opportunity. The 0.17-acre lot houses a four-unit building comprising three apartments and a substantial 50 x 100 foot garage. The garage, previously used as an inspection station, offers significant potential for various commercial uses. Existing infrastructure includes a framed-out lift and car paint box area, complete with doors. Heating for the garage is provided by a hot air oil-fired furnace located in the basement. Recent upgrades include new, large windows and an eight-year-old metal roof, ensuring low maintenance and energy efficiency. The residential component consists of two one-bedroom apartments and one two-bedroom apartment, providing a diverse rental income stream. The property's prime location in Williamstown, PA, combined with its versatile layout and recent improvements, makes it an ideal investment for both seasoned and aspiring real estate investors seeking strong returns. The building's solid construction and well-maintained features promise a stable and profitable investment for years to come. This is a rare opportunity to acquire a multi-faceted property with significant upside potential in a desirable Pennsylvania town. The combination of residential and commercial space offers flexibility and diversification for the astute investor.

• Alternative Use

  Use

  Valuation

  Residential

  $1,528,411

  Hospitality

  $1,400,016

  Educational

  $1,164,797

  Medical

  $1,204,856

  Retail

  $1,811,906

Location Insight

City

Williamstown

County

Dauphin

State

Pennsylvania

Latitude

40.5798

Longitude

-76.6201

CBSA code

25420

CBSA name

HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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