15 W CHURCH STREET
LOCK HAVEN, PA 17745
PRICE: $575,000
Active | MLS# pacl2024548
The Details
Investors, take a look. This 7-unit building in Lock Haven, PA, a short distance from Lock Haven University is fully rented and cash flows The estimated cap rate based on actual income and expenses is just over 8% (APOD) is available. The make up of the building is 2 one-bedroom apartments and 5 three-bedroom apartments. In the past year each of the 7 units have received some upgrades, from bathroom fixtures, kitchen tops, some new flooring, paint, miscellaneous plumbing upgrades and some new appliances. Apartment #3, (3 bedrooms and one and a half baths) has received a complete make over, from the studs out, including new appliances and kitchen make-over and it has it own laundry with new washer and dryer. Each of the 3-bedroom apartments has an spacious porch (apartment #3 has a sun-room and patio. In addition, in the past 5 years new windows and insulation were added. Owner Financing for qualified buyers.
Property Overview
| School District | |
| County | CLINTON |
| Municipality | LOCK HAVEN CITY |
| Heat | Baseboard - Electric |
| A/C | None |
| Fuel | Electric |
| Sewer | Public Sewer |
| Total Taxes | $5662.67 |
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*All fees are for estimate purposes only.
Directions: From State College: I-99 to I-80 East, take exit 173 on the right, turn left onto PA-64 Nittany Valley Dr, go 4.3 miles turn right toward I-80/US-220, take exit 111 toward PA-120, turn left onto Paul Mack Blvd, turn left on E Main St, then right onto W Church St.
| Sq. Footages | |
|---|---|
| Above Grade Finished Sq. Ft. | |
| Above Grade Unfinished Sq. Ft. | |
| Below Grade Finished Sq. Ft. | |
| Below Grade Unfinished Sq. Ft. | |
| Total Finished Sq. Ft. |
| Rooms | Main | Upper | Lower | Bsmt. |
|---|
| Association Fee $ |
| Cap Fee $ |
| Zoning CENTRAL BUSINESS DISTRICT |
| Possession Immediate |
| Assessed Value |
