425-429 MILL STREET, Danville, PA 17821
$745,000
Property Type:
Multi-Units
Square Footage:
12,624
Lot Size (sq. ft.):
8,712
Status:
Active
Current Price:
$745,000
List Date:
6/08/2023
Last Modified:
4/16/2024
Description
Great Investment Opportunity: Commercial and Multi-Unit property in downtown Danville! Ten (10) Unit Apartment Building plus Two (2) Commercial Storefronts. Two buildings being sold together. Non-smoking building. Live-in Maintenance Supervisor. Tenant pays all utilities except water/sewer.Property information sheet for additional detail. Note: 2 Commercial units are vacant, therefore, addl income from these units are possibleFor Info or Appointments with 3 days notice:
CONTACT: MARK WETHERHOLD 570-651-0869 OR CHRIS WALLACE 570-666-4516
Supplements: Leases: All tenants with option to renew.Expenses: W/S - They installed water meters and changed the billing cycle. In the process of ckg billing clerk - they may have been overchargedOTHER Includes: UGI (Gas) $1,865 Parking for 1 car off-site: $360 Misc: supplies/boro fees
More Information MLS# WB-97189
Contract Information
Auction: No
Current Price: $745,000
Listing Contract Date: 2023-06-03
Status: Active
List Price: $745,000
Assessed Valuation: 203000
Listing Service: Full Service
General Property Description
Apx Abv Gr Fin SqFt: 12624
Apx Total Fin SqFt: 12624
Year Built: 1870
Lot Size Acres: 0.2
Number of Units: 10
# Parking Spaces: 9
Location,Tax and Other Information
House #: 425-429
Street Name: MILL
Street Suffix: STREET
County: Montour
State: PA
Postal Code: 17821
MLS Area: MONTOUR COUNTY
Zoning: COMMERCIAL
Taxes: 4944.15
Subdivision Name: None
Tax ID: 11-87-113 AND 11-87-114
Geo Lat: 40.961638
Geo Lon: -76.618135
Flood Zone: X (shaded)
School District: Danville
Municipality: Danville Boro
Annual Income and Expenses
Inc - Rent: 95000
Exp - Electricity: 2240
Exp - Garbage: 1056
Exp - Ins: Fire/Liab: 1450
Exp - Taxes: 4850
Exp - Water/Sewer: 8000
Exp - Other: 2225
Total - Exp/yr: 19821
NOI - Net Oper. Inc.: 73500
Cap Rate NOI/LP: 9.8
Basement
Basement Access: Walk In
Common Area
Common Laundry Pd By: Owner
Details
Property Assoc.: No
Inspections
Inspected By: Municipality
Land Use
Leased Lot: No
Showings
Media Permission: No
Property Features
Attic: Floored
Basement: Full
Cell Service Avail: Cell Service Avail Yes
Construction: Frame
Cooling: See Remarks
Details: Historical District
Documents On File: Rental Permits - Municipality
Driveway: Alley Access; Asphalt
Electrical Service: Circuit Breakers
Exterior Finish: Asbestos; Brick; Vinyl Siding
Financing Considered: Cash; Conventional
Floors: Carpet W/W; Vinyl; Wood
Foundation: Stone
Heating Fuel: Electric; Natural Gas; Oil
Heating Type: Hot Air
Location: Commercial
Meters: Separate Electric
Parking: Parking Lot/Pad
Property Amenities: No Smoking
Roof Type: Metal
Sewer: Public Sewer
Showings: ShowingTime
Stories: 2 Story; 3 Story
Style: Apartments Over Comm
View: City Street
Water Heater: Electric; Gas
Water Source: Public
Listing Office: Keller Williams Advantage Williamsport
Listing Agent: Chris Wallace
Last Updated: April - 16 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All information deemed reliable, though not guaranteed. All measurements are approximate.