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    224 Market St Williamstown, PA 17098

    For Sale
    $350,000

    Prime Williamstown location, 4-unit building with garage.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property at 224 W Market Street in Williamstown, PA, presents a lucrative investment opportunity. The 0.17-acre lot houses a four-unit building comprising three apartments and a substantial 50 x 100 foot garage. The garage, previously used as an inspection station, offers significant potential for various commercial uses. Existing infrastructure includes a framed-out lift and car paint box area, complete with doors. Heating for the garage is provided by a hot air oil-fired furnace located in the basement. Recent upgrades include new, large windows and an eight-year-old metal roof, ensuring low maintenance and energy efficiency. The residential component consists of two one-bedroom apartments and one two-bedroom apartment, providing a diverse rental income stream. The property's prime location in Williamstown, PA, combined with its versatile layout and recent improvements, makes it an ideal investment for both seasoned and aspiring real estate investors seeking strong returns. The building's solid construction and well-maintained features promise a stable and profitable investment for years to come. This is a rare opportunity to acquire a multi-faceted property with significant upside potential in a desirable Pennsylvania town. The combination of residential and commercial space offers flexibility and diversification for the astute investor.

    Property Features for 224 Market St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Williamstown
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.6201
    Latitude
    40.57975

    Nearby Comparable

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      Renovated Three-Unit Multifamily Property

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      Williamstown Two-Unit Investment Opportunity

      Two-unit property in need of major renovations with strong rental potential.
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    • New
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      Commercial Property in Williamstown, PA

      Commercial property in a charming rural community with business potential.
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    Nearby Similar for Sale

    • New
      $299,000
      0.13 Acres

      Renovated Three-Unit Multifamily Property

      Completely renovated three-unit property with modern updates and potential income.
      111 E Market St, Williamstown, PA 17098
      View Details
    • $67,500
      2,943 SF

      Williamstown Two-Unit Investment Opportunity

      Two-unit property in need of major renovations with strong rental potential.
      429 W Market St, Williamstown, PA 17098
      View Details
    • New
      $70,000
      0.35 Acres

      Commercial Property in Williamstown, PA

      Commercial property in a charming rural community with business potential.
      602 W Market St, Williamstown, PA 17098
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime Williamstown location, 4-unit building with garage.
    Where is this mixed-use property located?
    The property is located at 224 Market St Williamstown, PA.
    What is the asking price?
    The asking price for this property is $350,000.
    (717) 761-4300
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    224 Market St Williamstown, PA 17098
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    Williamstown, PA 17098
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    224 Market St Williamstown, PA 17098
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