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Three-Unit Residential Income Property

808-810 PARK Avenue Williamsport, PA 17701

808-810 PARK Avenue, Williamsport, PA, 17701
$264,000
For Sale
Claim this Listing
$264,000

MULTI_FAMILY - Williamsport, PA

Property Size3,126 SF
Lot Size0.11 Acres
Price / SF$84.45
AddedJul 3
Days on Market13
Last RefreshJul 15 at 3:06 pm

Property Features for 808-810 PARK Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RA
Bedrooms
6
Rooms
Basement, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 3
Basement
Full
Standard status
Active
APN
73-005-100
Size
3,126 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
4100

Utilities

Heating system
Hot Water(Heating), Natural Gas
Water source
Public

Building Details

Year built
1901
Floors in Building
3
Number of units
3
Flooring type
Carpet, Vinyl, Wood
Building materials
Frame, Vinyl Siding
Roof type
Shingle

Listing agent Katlyn Payne License #RS368022

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

Listing date Jul 3, 2026

MLS# WB-104302 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.


Investment Insights

Based on property information with market context.

This well-maintained three-unit residential income property offers three separate units with separate utilities, supporting independent operations for each household. The property totals 3,126 square feet and sits on a 0.11-acre lot, providing a straightforward, manageable configuration for an owner-operator or investor looking for a multi-unit setup.

Located at 808-810 Park Avenue in Williamsport, Pennsylvania (Lycoming County), the asset is presented as an occupied income property, with a stated gross monthly rental income of $3,155. Zoning is listed as RA. Please note that a 24-hour notice is required for showings.

For tenants or buyers seeking a small multifamily hold, this property’s three-unit structure and separate utilities are practical features that can simplify resident billing and ongoing unit management. Because it is described as currently generating gross rental income with occupied units, it may fit those who want to acquire a multi-family asset with existing rental operations in place.

Key Highlights

  • 3‑unit property currently generating $3,155 in gross monthly rental income
  • All units have separate utilities
  • Year built 1901 with frame construction and vinyl siding

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $46.1k $14.76
− Vacancy −$3.1k −$1.00
EGI $43.0k $13.76
− OpEx −$19.4k −$6.19
NOI $23.7k $7.57
3,126 SF · lease $14.76/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$364.3K
$318.8K – $425.1K (±1% cap)
NOI $25,503 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$337.9K
$295.6K – $394.2K (±1% cap)
NOI $23,651 @ 7.0% cap · market cap 8.96%
Theoretical Best
Office A
$673.7K
$589.5K – $786.0K (±1% cap)
NOI $47,157 @ 7.0% cap · market cap 17.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tech Support Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Auto Parts Store

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

FAQs

What type of property is this?
Triplex - Well-maintained three-unit property with separate utilities and current gross monthly rent of $3,155.
Where is this triplex located?
The property is located at 808-810 PARK Avenue Williamsport, PA.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: 3‑unit property currently generating $3,155 in gross monthly rental income; All units have separate utilities; Year built 1901 with frame construction and vinyl siding
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