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    Unique Historic Property with Rental Potential Title is generated by Realmo AI

    2106 NORTHWAY Road, Williamsport, PA 17701

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    For Sale
    $395,000

    MULTI_FAMILY - Williamsport, PA

    Property size:
    12,000 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $32/SF
    Added:
    May 26, 2026
    Days on Market:
    4
    Last Refresh:
    May 29 at 2:06 pm

    Property Features for 2106 NORTHWAY Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    A-O
    Bedrooms
    8
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 8, Bathroom 4, Bathroom 2, Basement, Bedroom 7, Bedroom 3
    Parking features
    Parking Lot
    Basement
    Walk-Out Access
    Standard status
    Active
    APN
    26-24-202
    Size
    12,000 SF
    Lot size
    0.40 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3783

    Utilities

    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    2
    Flooring type
    Carpet, Tile, Wood, Laminate, Vinyl
    Building materials
    Concrete, Frame, Cedar, Wood Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Erica Mowrey
    Erica Mowrey

    Listing agent Erica Mowrey License #AB069566

    Listing office Iron Valley Real Estate North Central PA 1020 Commerce Park Drive Suite 1-A, Williamsport, PA

    Listing date May 26, 2026

    MLS# WB-103997 Listing URL

    Copyright © 2026 West Branch Valley Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey Income Potential: Three furnished living areas are ready for immediate short‑term rental operation.
    • Versatile 2,500 sq ft Workshop: Offers incredible flexibility for business operation, hobbies, or storage.
    • Historic Charm with Modern Updates: A unique blend of original barn features and thoughtful modern renovations.
    • Potential Fourth Living Area: Newly added space with private access and bathroom, ideal for rental income or multi‑generational living.
    • Private Backyard Oasis: Features a heated saltwater pool for relaxation and entertainment.
    • Multi‑Use Property: Suitable for primary residence, multi‑generational living, rental investment, or event venue.

    Overview

    This unique property, originally part of the historic Nittinger Farm and dating back nearly 200 years, blends historic charm with modern updates. Original barn features remain throughout, with custom woodwork and unique details. The owners have completed even more of the space, adding a potential fourth separate living area complete with its own bathroom and private access. This addition creates even more opportunity for short-term rental income, multi-generational living, guest accommodations, or flexible use. The property features a spacious 2,500-square-foot workshop. This property can accommodate a primary residence, multi-generational living opportunity, Airbnb or rental investment, potential bed & breakfast, or event venue. It also offers space to operate a business. Three of the four living areas come completely stocked, furnished, and ready to operate as short-term rentals. Outside, there is a private backyard oasis complete with a heated saltwater pool. The property is located in Williamsport, PA, in Lycoming County. The lot size is 0.4 acres, and the property size is 12,000 square feet. The zoning is A-O.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Auto Repair Shop Gym & Fitness Center Hotel & Motel Electrical Service Veterinary Clinic Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williamsport
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -76.970877
    Latitude
    41.264763

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    FAQs

    What type of property is this?
    Wedding venue - Historic property with modern updates, rental income, and workshop.
    Where is this wedding venue located?
    The property is located at 2106 NORTHWAY Road Williamsport, PA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Turnkey Income Potential: Three furnished living areas are ready for immediate short‑term rental operation.; Versatile 2,500 sq ft Workshop: Offers incredible flexibility for business operation, hobbies, or storage.; Historic Charm with Modern Updates: A unique blend of original barn features and thoughtful modern renovations.
    (570) 994-4127
    We can help!
    Listing Contact
    Erica Mowrey
    Erica Mowrey
    Real Estate License ID: AB069566
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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