Williamsport Triplex Investment
854-856 MEMORIAL Avenue Williamsport, PA 17701
For Sale
$275,000
MULTI_FAMILY - Other - WILLIAMSPORT, PA
Property Size2,960 SF
Lot Size0.15 Acres
Price / SF$92.91
Days on Market103
Property Features for 854-856 MEMORIAL Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
On Street
Standard status
Active
Size
2,960 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
311
Utilities
Heating system
Forced Air
Building Details
Year built
1908
Number of units
3
Building materials
Fiber Cement
Architectural style
Other
Listing Agency:
Core Partners Realty
(717) 718-0748
Listed By:
John MacDonald · License #RS342306
(717) 495-2443
Added: Apr 17
Changed: Jun 9
Last Checked: Jul 28 at 5:06AM
MLS# PALY2002272
Copyright © 2026 Bright 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 is a turnkey investment opportunity located at 854-856 Memorial Ave in Williamsport, PA. It is a fully rented triplex generating $33,600 annually. The property is a multifamily residential income property with a size of 2960 square feet and is situated on a 0.15-acre lot.
Key Highlights
- Fully rented triplex presents a turnkey investment opportunity.
- Generating $33,600 annually.
- Constructed with durable fiber cement materials.
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 | $37.3k | $12.60 |
| − Vacancy | −$2.8k | −$0.95 |
| EGI | $34.5k | $11.66 |
| − OpEx | −$10.3k | −$3.50 |
| NOI | $24.1k | $8.16 |
2,960 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.0K
$301.9K – $402.5K
NOI $24,149 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$319.9K
$279.9K – $373.3K
NOI $22,395 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$637.9K
$558.2K – $744.2K
NOI $44,653 @ 7.0% cap · market cap 16.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Turnkey triplex generating $33,600 annually in Williamsport, Pennsylvania.
Where is this triplex located?
The property is located at 854-856 MEMORIAL Avenue Williamsport, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Fully rented triplex presents a turnkey investment opportunity.; Generating $33,600 annually.; Constructed with durable fiber cement materials.
