Embedded Files
Shamokin PA | Northumberland County | Multi Family
Starting Price: 159,900
Property Taxes: 774
6 Bed / 4 Bath
2,708 Sq Ft
0.06 Acres
Great BRRRR!
4-Unit Apartment Building
2-Story Multi-Family Property
Municipal Parking
Two First-Floor Apartments
Two Second-Floor Apartments
Basement with Exterior Entry
Public Water & Sewer
Units Breakdown:
Unit 1 - 2 Bed / 1 Bath – Rent $800 (Estimated Rent Potential $950–$1,000)
Unit 2 - 1 Bed / 1 Bath – Rent $868
Unit 3 - 2 Bed / 1 Bath – Rent $740
Unit 4 - 1 Bed / 1 Bath – Rent $790
Electric Master Meter for Common Areas (Paid by Owner)
Separated Electric Meter for Each Unit
Master Water Meter and Gas Meter (Paid by Owner)
Best Comp:
310 N Shamokin Street, Shamokin, PA 17872 Sold for $145,000 (Not Renovated)
+ Deal Summary:
This Shamokin, PA, investment opportunity presents investors with a chance to secure a 4-unit apartment building in Northumberland County with a starting price of $159,900, making it an attractive income-producing property with strong BRRRR potential. The property offers 6 bedrooms, 4 bathrooms across four apartments, approximately 2,708 sq ft of living space, a 0.06-acre lot, municipal parking, and public water and sewer. The 2-story building features two first-floor apartments, two second-floor apartments, and a basement with exterior entry. With annual property taxes of approximately $774 and current combined monthly rental income of $3,198, the property generates approximately $38,376 in annual gross rental income. Two units are HUD-assisted, providing an established rental income stream, while Unit 1 offers potential for increased rent from $800 to approximately $950–$1,000 per month, bringing total projected monthly rental income to $3,348–$3,398. Three units have separate tenant-paid electric meters, while the owner covers common-area electricity, Unit 410A's electricity, water, and gas. A nearby comparable property at 310 N Shamokin Street sold for $145,000 without renovations, providing a reference point for evaluating the property's market value. With four income-producing units, existing tenants, low property taxes, and potential rental upside, this property is worth evaluating for investors pursuing a BRRRR or long-term rental strategy in Northumberland County.
*Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!*
OCCUPANCY STATUS:
Occupied
SHOWINGS AVAILABILITY:
Upon Request
SHOWING TYPE:
Instructions Will Be Provided
🏷️ Financing is Either Cash or Hard/Private Money*
🔎 Didn't find what you are looking for? please share/update your buy box here
📲 Would you like to get deals texted to your phone? send "subscribe" from your phone here
DISCLAIMER: The information contained herein is confidential and intended solely for the individual and/or entity to whom it is addressed for informational purposes only. If you have received this communication in error or wish to be removed from our distribution list, please submit your request by sending us a message, and we will promptly remove you from our system.
This offering represents an assignment of contract / purchase contract for real estate. A legally binding agreement is in place with the seller/owner(s), granting our company exclusive rights to market and assign/sell the property.
Unauthorized actions are strictly prohibited. Any unauthorized actions will be treated as intentional interference and fraud; this includes, but is not limited to: contacting the owner/seller, impersonating any member or representative of our company, or redistributing, remarketing, or altering this material (including pricing) without our prior written consent.
Any attempt to circumvent our position, interfere with the transaction, misrepresent affiliation with our company, or renegotiate directly with the seller may result in immediate disqualification, permanent removal, blacklisting from our buyers list, and legal action.
Additionally, we reserve the right to report or disclose any such unethical or fraudulent behavior to other investors, wholesalers, and industry professionals, which may adversely affect your reputation and ability to conduct business within the network.
Photos and images displayed on this website are provided for marketing and illustrative purposes only. Images may not reflect the property’s current condition, appearance, or surroundings and may be outdated or digitally enhanced. They are intended to provide a general visual reference of the property and should not be relied upon as an exact representation. Buyers and investors are encouraged to independently verify the property’s condition, features, and current appearance through an in-person inspection or other appropriate means.
Report abuse