Building Details

Year Built 1942

Listing Agency: William Penn Real Estate Assoc

Listed By: Chester Lapp · License #RS320255 Show Phone

Source: Kandorre

Added: Jul 25 Changed: Oct 25 Last Checked: Oct 7 at 3:46PM

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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 William Penn Real Estate Assoc

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Investment Insights

Based on property information with market context.

Turn-key income property on 1.27 acres offering five rental apartments and four storage units, along with a leased commercial billboard. One apartment was recently refreshed with new paint and kitchen updates. Recent exterior improvements include a new roof, gutters, windows, and fresh paint. The property is described as professionally managed, with public water and sewer and low operating expenses reported in the offering.

The property is located on the busy Susquehanna Trail in Northumberland, PA. It is being sold as a public auction bid via phone, starting today and ending August 13, 2026 at 6:00 PM. The listing price is the opening bid only and the sale is with reserve; settlement is noted as on or before October 9, 2026. An initial $25,000 investment is due at auction close, and a 2% transfer tax is to be paid by the purchaser. The offering materials project $4,315 in total monthly income.

Key Highlights

• 5 rental apartments and 4 storage units on 1.27 acres in Northumberland, PA
• Leased commercial billboard included, projecting $4,315 in total monthly income
• Recent exterior updates include a new roof, gutters, windows, and fresh paint

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,990

Cap Rate

8.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$699,800 $699.8K

Cap Rate 7%

$499,857 $499.9K

Cap Rate 9%

$388,778 $388.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,986 SF

Gross rent

$53.7K $18.00/SF

− Vacancy

−$3.8K −$1.26/SF

EGI

$50.0K $16.74/SF

− OpEx

−$15.0K −$5.02/SF

NOI

$35.0K $11.72/SF

Area

Northumberland County, PA

Vacancy

7.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$699,800

Cap Rate 7%

$499,857

Cap Rate 9%

$388,778

Alternative Uses

Best Use

Warehouse

$3.63M

$3.18M – $4.24M (±1% cap)

NOI $254,334 @ 7.0% cap · market cap 61.29%

Second Best

Self Storage

$499.9K

$437.4K – $583.2K (±1% cap)

NOI $34,990 @ 7.0% cap · market cap 8.43%

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Plumbing Service Kitchen & Bath Showroom Carpet & Flooring Store Home Appliance Store

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

5

Residential units

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Explore this area Business Placement

Demographics for 17857, PA

7,743

Population

3,721

Households

2.1

Avg Household Size

47

Median Age

24%

College-Educated

92%

High-School Grad

26.7 sq mi

ZIP Area

290

Density / Sq Mi

$64,306

Median Household Income

$41,109

Median Earnings

$948

Median Rent

$191,800

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Frequently Asked Questions

What type of property is this?

Apartment building - Turn-key property with five rental apartments, four storage units, and a leased commercial billboard.

Where is this apartment building located?

The property is located at 670 Susquehanna Trl Northumberland, PA.

What is the asking price?

The asking price for this property is $415,000.

What are key features of this property?

This property features: 5 rental apartments and 4 storage units on 1.27 acres in Northumberland, PA; Leased commercial billboard included, projecting $4,315 in total monthly income; Recent exterior updates include a new roof, gutters, windows, and fresh paint