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7-Unit Apartment Building
For Sale
$710,000

114 College Ave, Factoryville, PA 18419

Income-producing multifamily property with a renovated unit mix and a separate commercial ground lease included.

Property Size4,180 SF
Price / SF$169.86
Days on Market21

Property Features for 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

Building Details

Year Built 1900
Listing Agency: Hinerfeld Commercial Real Estate
Listed By: Bryson Kent Jones
Source: Revolvepa
Added: Aug 12 Changed: Aug 30 Last Checked: Aug 31 at 7:50PM

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.

The offering combines a 4,180-square-foot multifamily building with a separate commercial ground lease occupied by PS Bank since 2005. The apartment building contains seven units: two studios, four one-bedroom apartments, and one three-bedroom apartment. Units have been updated over time, with additional renovations completed as needed, and each apartment is equipped with baseboard electric heat.

A pole barn occupies the rear of the multifamily parcel, with tenant parking located in the rear lot north of the structure. The EPDM roof was repaired and received a new layer in 2024. The property is within walking distance of Dollar General and the Post Office, while Route 6 is less than a quarter mile away. Maple Street and Depot Street provide access to the route, retailers in Dickson City, and a nearby gas station.

Key Highlights

  • Seven‑unit mix includes 2 studios, 4 one‑bedroom units, and 1 three‑bedroom unit
  • 4,180 SF multifamily building with a separate commercial ground lease
  • Commercial ground lease occupied by PS Bank since 2005

Property Analytics

Current Use

Banks

Suggested Use

Top Pick HVAC Service Dental Office (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Electrical Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Income-producing multifamily property with a renovated unit mix and a separate commercial ground lease included.
Where is this apartment building located?
The property is located at 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 mix includes 2 studios, 4 one‑bedroom units, and 1 three‑bedroom unit; 4,180 SF multifamily building with a separate commercial ground lease; Commercial ground lease occupied by PS Bank since 2005
More about this property
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