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Three-Unit Triplex with Split Utilities
For Sale
$139,999

508 Second St., Towanda, PA 18848

MULTI_FAMILY - Towanda, PA

Property SizeContact for details
Lot Size0.25 Acres
Days on Market323

Property Features for 508 Second St.

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Elementary school district Towanda Area
Middle school district Towanda Area
High school district Towanda Area
Subdivision Bradford
Standard status Active
Lot size 0.25 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Baseboard, Natural Gas, Radiant
Water source Public

Building Details

Year built 1891
Roof type Metal, Shingle
Listing Agency: Century 21 Jackson Real Estate - Towanda
Listed By: Michael Dickerson
Added: Oct 2, 2025 Changed: Aug 4 Last Checked: Aug 20 at 7:06AM
MLS# 31723295

Copyright © 2026 Northern Mountains of Pennsylvania MLS. 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 three-unit triplex is set up with split utilities designed to simplify cost allocation, featuring multiple heating sources, water heaters, electric meters, natural gas meters, and water meters. Heating includes radiant, natural gas, baseboard, and electric. The home was built in 1891, with a metal and shingle roof. Updates noted include a roof around 2018, siding around 2016, and furnaces around 2016. Public water and public sewer service are provided.

Parking is available both on-street and off-street, with three parking spots behind the building connected to Tidd Alley. The property is located at 508 Second St., Towanda, PA 18848 in Bradford County.

For tenants seeking separate utility metering within a multi-unit building, this configuration can support straightforward operations across the three units.

Key Highlights

  • Three‑unit triplex with split utilities, including electric meters, natural gas meters, and water meters
  • Multiple heating sources: radiant, natural gas, baseboard, and electric (heating)
  • Roof around 2018; siding around 2016; furnaces around 2016

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Dental Office Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby

Demographics for 18848, PA

8,672
Population
4,470
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
88%
High-School Grad
110.9 sq mi
ZIP Area
78
Density / Sq Mi
$57,391
Median Household Income
$39,982
Median Earnings
$883
Median Rent
$178,300
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?
Triplex - Three-unit triplex with split utilities, including multiple heating sources, natural gas and electric, plus public water and sewer.
Where is this triplex located?
The property is located at 508 Second St. Towanda, PA.
What is the asking price?
The asking price for this property is $139,999.
What are key features of this property?
This property features: Three‑unit triplex with split utilities, including electric meters, natural gas meters, and water meters; Multiple heating sources: radiant, natural gas, baseboard, and electric (heating); Roof around 2018; siding around 2016; furnaces around 2016
More about this property
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