Updated Three-Unit Residential
638-640 6TH Avenue Williamsport, PA 17701
New
For Sale
$299,900
MULTI_FAMILY - Williamsport, PA
Property Size2,564 SF
Lot Size0.20 Acres
Price / SF$116.97
Days on Market3
Property Features for 638-640 6TH Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 5
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Basement, Bedroom 1
- Parking features
- Parking Lot, On Street
- Basement
- Exterior Entry, Full, Sump Pump
- Standard status
- Active
- APN
- 66+,002.0-0104.00-000+
- Size
- 2,564 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2890
Utilities
- Heating system
- Hot Water(Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1901
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Laminate, Carpet, Linoleum
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency:
Iron Valley Real Estate North Central PA
(570) 979-1002
Listed By:
Lori M Solomon · License #RS314921
(570) 337-2632
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 23 at 5:06PM
MLS# WB-104450
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 fully occupied three-unit residential income property offers multiple updates throughout the building and apartments. Updates mentioned include a newer roof, two new furnaces, new windows, and apartment improvements. The property includes three units and is currently managed by one party.
The property is zoned R2 and is located at 638-640 6TH Avenue in Williamsport, Pennsylvania (Lycoming County).
With its three-unit configuration and documented building and unit updates, the property is set up for continued residential income under current occupancy.
The property is zoned R2 and is located at 638-640 6TH Avenue in Williamsport, Pennsylvania (Lycoming County).
With its three-unit configuration and documented building and unit updates, the property is set up for continued residential income under current occupancy.
Key Highlights
- 3‑unit fully occupied building
- Many updates including newer roof and new windows
- 2 new furnaces
Financial Insights For Multifamily LT 5
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 | $32.3k | $12.60 |
| − Vacancy | −$2.4k | −$0.95 |
| EGI | $29.9k | $11.66 |
| − OpEx | −$9.0k | −$3.50 |
| NOI | $20.9k | $8.16 |
2,564 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$298.8K
$261.5K – $348.6K
NOI $20,918 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$277.1K
$242.5K – $323.3K
NOI $19,399 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$552.6K
$483.5K – $644.7K
NOI $38,679 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Fully occupied three-unit income property with a newer roof, new furnaces, and updated apartments and windows.
Where is this triplex located?
The property is located at 638-640 6TH Avenue Williamsport, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3‑unit fully occupied building; Many updates including newer roof and new windows; 2 new furnaces
