Two-Unit Duplex with Updated Kitchen and
New
For Sale
$178,900
2514 -2516 GRAND Street, Williamsport, PA 17701
MULTI_FAMILY - Williamsport, PA
Property Size2,100 SF
Lot Size0.13 Acres
Price / SF$85.19
Days on Market4
Property Features for 2514 -2516 GRAND Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
6
Full bathrooms
1
Rooms
Basement, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3
Parking features
On Street
Basement
Concrete
Subdivision
Newberry
View
City
Elementary school district
Williamsport
Middle school district
Williamsport
High school district
Williamsport
Standard status
Active
APN
67+,013.0-0607.00-000+
Size
2,100 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
3243
Utilities
Heating system
Natural Gas
Cooling system
Ductless, Window Unit(s)
Water source
Public
Building Details
Year built
1913
Floors in Building
2
Number of units
2
Flooring type
Laminate, Wood
Building materials
Frame, Vinyl Siding
Roof type
Shingle
Listing Agency:
PREMIER REAL ESTATE AGENCY
(570) 601-0774
Listed By:
Christina McLeod-Worthy · License #RS348947
(570) 980-8718
Added: Jul 29
Changed: Jul 31
Last Checked: Aug 1 at 12:06PM
MLS# WB-104505
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 two-unit duplex is fully occupied and features yearly leases. The 2514–2516 Grand Street property includes a finished attic with a mini-split unit, and the 2516 side kitchen and bath were updated about three years ago. The roof is about five years old. Tenants pay all utilities, lawn care, and garbage removal. A storage shed is included, along with equipment such as a lawnmower, trimmer, and a new power shovel (in box). Showings require a 24-hour notice and are set to begin Tuesday 8/4.
Constructed in 1913 with frame and vinyl siding, the home is served by natural gas heating and offers ductless and window cooling. Flooring includes laminate and wood. The property uses public water and has on-street parking.
The layout includes basement space and multiple bedrooms across the two units, with access to bathroom areas in both portions of the building.
Constructed in 1913 with frame and vinyl siding, the home is served by natural gas heating and offers ductless and window cooling. Flooring includes laminate and wood. The property uses public water and has on-street parking.
The layout includes basement space and multiple bedrooms across the two units, with access to bathroom areas in both portions of the building.
Key Highlights
- Two fully occupied units with yearly leases
- Kitchen and bath on the 2516 side updated about 3 years ago
- Finished attic with mini‑split unit installed
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 | $31.0k | $14.76 |
| − Vacancy | −$2.1k | −$1.00 |
| EGI | $28.9k | $13.76 |
| − OpEx | −$13.0k | −$6.19 |
| NOI | $15.9k | $7.57 |
2,100 SF · lease $14.76/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$244.8K
$214.2K – $285.6K
NOI $17,133 @ 7.0% cap · market cap 9.58%
Second Best
Apartment 5plus
$227.0K
$198.6K – $264.8K
NOI $15,889 @ 7.0% cap · market cap 8.88%
Theoretical Best
Office A
$452.6K
$396.0K – $528.0K
NOI $31,679 @ 7.0% cap · market cap 17.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Explore this area
Business Placement
Demographics for 17701, PA
43,197
Population
20,891
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
98.0 sq mi
ZIP Area
441
Density / Sq Mi
$52,770
Median Household Income
$33,643
Median Earnings
$869
Median Rent
$176,200
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?
Duplex - Two fully occupied units with yearly leases; kitchen and bath were updated about three years ago.
Where is this duplex located?
The property is located at 2514 -2516 GRAND Street Williamsport, PA.
What is the asking price?
The asking price for this property is $178,900.
What are key features of this property?
This property features: Two fully occupied units with yearly leases; Kitchen and bath on the 2516 side updated about 3 years ago; Finished attic with mini‑split unit installed
