7-Unit Multifamily
For Sale
$710,000
114-114 College Ave, Factoryville, PA 18419
Fully leased multifamily asset offered with an adjacent commercial ground lease and rear-lot parking.
Property Size4,180 SF
Price / SF$169.86
Days on Market106
Property Features for 114-114 College Ave
General Information
Standard status
Active
Size
4,180 SF
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
2 x studio, 4 x 1BR, 1 x 3BR
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$3,379
Listing Agency:
Hinerfeld Commercial Real Estate
(570) 396-8400
Listed By:
Bryson Kent Jones
(570) 396-8400
Source:
Exprealty
Added: May 19
Changed: Aug 30
Last Checked: Aug 31 at 6:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hinerfeld Commercial Real Estate
Investment Insights
Based on property information with market context.
This offering combines two adjoining parcels in Factoryville. The primary improvement is a seven-unit multifamily building with two studio apartments, four one-bedroom units, and one three-bedroom unit. All apartments are leased, and individual residences have been updated over time as needed. Each unit is equipped with baseboard electric heat. A pole barn occupies the rear of the lot, with tenant parking located in the rear area north of the barn.
The second parcel is subject to a commercial ground lease with PS Bank, which has occupied the site since 2005. Residents can walk to Dollar General and the Post Office, while Route 6 is less than a quarter mile away. Access to Route 6 is available through Maple Street and Depot Street, with major retailers in Dickson City and a gas station also within a quarter mile. The EPDM roof was repaired and received a new layer in 2024.
The second parcel is subject to a commercial ground lease with PS Bank, which has occupied the site since 2005. Residents can walk to Dollar General and the Post Office, while Route 6 is less than a quarter mile away. Access to Route 6 is available through Maple Street and Depot Street, with major retailers in Dickson City and a gas station also within a quarter mile. The EPDM roof was repaired and received a new layer in 2024.
Key Highlights
- Seven‑unit building with 2 studios, 4 one‑bedroom apartments, and 1 three‑bedroom apartment
- All 7 units are fully leased; tenant parking is located north of the rear pole barn
- Adjacent parcel includes a commercial ground lease with PS Bank in place since 2005
Property Analytics
Current Use
Lease Details
7
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 18419, PA
4,556
Population
2,211
Households
2.1
Avg Household Size
40
Median Age
28%
College-Educated
95%
High-School Grad
38.3 sq mi
ZIP Area
119
Density / Sq Mi
$59,904
Median Household Income
$35,578
Median Earnings
$905
Median Rent
$213,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily asset offered with an adjacent commercial ground lease and rear-lot parking.
Where is this apartment building located?
The property is located at 114-114 College Ave Factoryville, PA.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Seven‑unit building with 2 studios, 4 one‑bedroom apartments, and 1 three‑bedroom apartment; All 7 units are fully leased; tenant parking is located north of the rear pole barn; Adjacent parcel includes a commercial ground lease with PS Bank in place since 2005
